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The New Zealand Herald ran two contributions on the housing affordability debate this week. The first was by the Bank of New Zealand’s Tony Alexander advocating the restriction of foreign investment in housing. Read more
If someone asked you how much of New Zealand was built upon, what would your guess be? 5% or 10%? Read more
There are many facets to New Zealand’s housing affordability conundrum, but the bottom line is there is a shortage of houses, and there is a shortage of new houses (dwellings) being built. Supply is not meeting demand as in other markets and prices are absorbing the difference. Read more
The New Zealand Initiative is launching the first in a series of reports on housing affordability, co-authored by former local government minister Hon Dr Michael Bassett and Luke Malpass. Priced Out – How New Zealand Lost Its Housing Affordability looks at long-term trends in housing regulation and social circumstances as well as the changing roles of local and central governments. Read more
By now, householders must be used to being exhorted by politicians, economists, and international agencies to save more. Yet, some policies encourage them to borrow in order to save or invest. Read more
It was difficult not to be underwhelmed after reading the government and Auckland Council’s Housing Accord released a couple of weeks ago. It was a manual of what has failed in almost every housing market in the world and showed one common problem: everyone agrees to build more houses and sets an arbitrary target without following through. Read more
Most New Zealanders probably know little about Switzerland. Until this week, my own knowledge certainly didn’t extend far beyond cheese, watches, and knives. Read more
To those of us in the Anglo world, Germany can seem an odd place. Corduroy suits are in vogue and pretty news presenters look like they have quickly thrown on their boyfriend’s shirt after a night of passion. Read more
I am currently on a research trip studying local government and housing affordability in different jurisdictions around the world. This week, I have been in and around London conducting interviews and meetings. Read more
Here’s a radical idea: Let’s think of houses as places where people live. Housing affordability is the big political issue of 2013. Read more
