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The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [1] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
A similar problem arose in the early 1980s, some 10 years before New Zealand and for similar reasons [34] in the Canadian province of British Columbia. It is commonly known in Canada as the Leaky condo crisis and has been an ongoing issue that is estimated to have caused $4 billion in damage since the 1980s.
The redevelopment would leave 78 houses owned by Housing New Zealand and the rest sold privately. [54] The redevelopment process sparked over two years of protests and scores of arrests, including of Mana Party leader Hone Harawira. [55] In 2012 it closed Housing New Zealand's local offices to tenants and directed all enquiries to a call centre ...
In late January 2019, the New York Times reported rising housing prices to be a major factor in the increasing homelessness in New Zealand so that "smaller markets like Tauranga, a coastal city on the North Island with a population of 128,000, had seen an influx of people who had left Auckland in search of more affordable housing. Average ...
[11] [12] Auckland saw rents grow more slowly than in other parts of the country and more slowly than incomes since it started reforming its housing laws in 2013. As of July 2024, Ryan Greenaway-McGrevy estimated that rents were 28% lower than they would have been without the reforms. [ 13 ]
An egalitarian New Zealand was briefly realised in the interwar and post-war periods, when successive governments sponsored a massive state housing programme. Economic inequality in New Zealand is one of the social issues present in the country. Between 1982 and 2011, New Zealand's gross domestic product grew by 35%. Almost half of that ...
In 2011 Health spending accounted for 10% of GDP, higher than the OECD average of 9.3%. As in many OECD countries, health spending in New Zealand slowed post-GFC but still reached 3% in real terms in 2010 and 2011 – higher than the OECD average. [22] in 2012 New Zealand has 2.7 doctors per 1,000 population, and increase from 2.2 in the year 2000.
Auckland City Mission (Māori: Te Tāpui Atawhai) is a New Zealand-based charitable trust.It was established in 1920 in central Auckland, by then Auckland City Missioner Reverend Jasper Calder, as part of the Anglican Diocese of Auckland, and responds to poverty in the city, providing access to permanent and sustained housing, nutritious food, and physical and mental health services.