Practical solutions to solve the housing crisis - News Summed Up

Practical solutions to solve the housing crisis


All we have heard from the National party and John Key recently is that New Zealand's housing crisis will be solved by supply, supply, supply. READER REPORT: Practical solutions to solve the housing crisis BENJAMIN GEORGEFairfax NZ There is no point building thousands of new homes if average New Zealanders can't afford them. We're asking our readers how they would solve the housing crisis. Housing prices will drop or go sideways for decades at some time, as house prices have become so disconnected from the incomes of average New Zealanders there can be no other outcome. As housing can’t be built overnight, it gives them time and they can shift blame onto the Auckland Council, RMA reforms and the Reserve bank.


Source: Stuff July 10, 2016 22:41 UTC



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