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Leonard Hong discusses the findings of his new report "The Need to build - the demographic drivers of housing demand" with Kate Hawkesby on Newstalk ZB. He explains that with New Zealand's population changes, we need to be build close to 20,000 dwellings annually for the next 20 years (even with zero net migration). Read more
There are calls for the Government to ease building restrictions if we want even a chance of fixing the housing crisis. The New Zealand Initiative report "The need to build - the demographic drivers of housing demand" shows population growth will require an extra 30-thousand homes per year. Read more
If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns the Initiative's latest report, The Need to Build: The demographic drivers of housing demand. In this podcast, Oliver Hartwich speaks with report author, Research Assistant Leonard Hong, who explains the implications of these demographic changes (e.g. Read more
Against the predictions of most economists early last year, the housing market has boomed through Covid-19. Since March last year, house prices have risen by 20%, rents by 12%. Read more
“Demography is destiny”, as French sociologist Auguste Comte once put it. Few developments shape our society more than the composition, the age and size of our population. Read more
Urban land use planning systems that load councils with the costs of urban growth while letting councils decide whether new housing can be built are a recipe for failure. This underpins a decade of low build rates, a substantial housing shortage, and skyrocketing house prices. Read more
When the only tool you have is a hammer, every problem looks like a nail. That is what it must be like for the government in the housing crisis. Read more
The Government announced that the Resource Management act is going to be scrapped and replaced with three new laws. Bryce Wilkinson talks to Jesse Mulligan on Radio NZ about why the RMA was no longer fit for purpose and how the new laws can address the issues that are left in its wake. Read more
Everyone knows that the status quo with respect to housing is “unsustainable”. The Prime Minister now seems to recognise the need for fundamental change and the opposition has recently offered to work with the government to find non-partisan solutions. Read more
New Zealand’s housing is a national catastrophe. House prices have gone up by 37% nationally since 2015, according to ANZ. Read more