123rf.com New Zealand has a housing crisis and rather than face up to it, the Government has climbed out its bedroom window. READ MORE:* The 'elephant in the room' in New Zealand's housing crisis* Political policy and reserve bank measures needed to address housing crisis* After her divorce, Sue Boyce realised she would never get back on the housing ladderThree weeks ago I ran away again, this time from my children. New Zealand has a housing crisis and rather than face up to it, the Government has climbed out its bedroom window. Wellington became the first region in the country to surpass the $600 median weekly rent milestone, with a record-breaking $615 a week in January. CHRISTEL YARDLEY/Stuff The national median weekly rent increased by 5 per cent in January when compared with the previous year, reaching a record $540.

Source: Stuff March 10, 2021 15:56 UTC