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In 1974, under the Third Labour Government, the State Advances Corporation, responsible for administration, and the Housing Division of the Ministry of Works, responsible for the construction of state houses, merged to form the Housing Corporation of New Zealand. [40] State house rental rates were fixed by the "fair rent" provisions of the 1955 ...
As of 2019, the average house price in New Zealand exceeded NZ$700,000, with average prices in the country's largest city, Auckland, exceeding $1,000,000 in numerous suburbs. [33] The ratio between median house price and median annual household income increased from just over 3.0 in January 2002 to 6.27 in March 2017, with Auckland's figures 4. ...
The "right to build" cost does not include the cost of the land or the cost of constructing the house. The study was conducted by Harvard economists Edward Glaeser and Kristina Tobio. According to the chart accompanying the article, the cost of obtaining the "right to build" adds approximately $600,000 to the cost of each new house that is ...
The short-term rental company rolled out a new offering Wednesday that it calls Airbnb Rooms. Guests can rent a room in the same house or apartment as their host at prices that Airbnb says will ...
As of 1 December 2011, people may receive New Zealand Superannuation if they are: aged 65 or over; a New Zealand citizen or permanent resident; a resident of New Zealand at the time they apply; They must also have lived in New Zealand for at least 10 years since they turned 20 with five of those years being since they turned 50.
The programme affected the private housing market, where the average cost of a five-room house fell from £831 to £635. [ 3 ] [ 12 ] The private construction industry was threatened by this state competition and lobbied for the end of the housing scheme, arguing that private enterprise could build workers' houses more cheaply.
The healthcare system of New Zealand has undergone significant changes throughout the past several decades. From an essentially fully public system based on the Social Security Act 1938, reforms have introduced market and health insurance elements primarily since the 1980s, creating a mixed public-private system for delivering healthcare.
50. South Dakota. Average price per child: $247 This article was originally published on Cheapism