Tag Archives: housing

Intensification won’t make Auckland affordable

It’s demand stupid! Housing affordability in Auckland has very little to do with supply and a lot to do with demand; from rampant, out of control immigration in particular, stoked with speculative fever, fueled by easy, irresponsible bank lending and up to $10B pa of laundered money. The failure of the Auckland Council to agree to […]

National and Labour in denial on housing affordability

National’s big election initative on housing was a woeful anti-climax. The offer to top up qualifying first home buyer’s Kiwisaver deposits does nothing to address affordability. Indeed if the First Home Buyer subsidies of Australia and Britain are any indication it will drive affordability further out of reach as rising prices more than outweigh slightly larger […]

Ponzi nation

As we enter the last couple of months before the general election it is worth talking about the unspoken cancer at the heart of New Zealand’s economic system. It seems to be off the election agenda. Sure it is not a purely kiwi disease but there is post GFC a smugness among many New Zealanders […]

Time to talk immigration

Depending on how the next few weeks evolve, 2014 may well become the election where immigration becomes a major, if not the major issue in deciding the outcome. National has taken a firm position that high levels of inward migration are beneficial to the economy and society in general; that migrants have little to no […]

Housing Crisis? Affordability Crisis more like

The “Housing Crisis” is somewhat of a misnomer. What New Zealand, and Auckland in particular has is not a shortage of dwellings but a lack of affordable housing, and two main political parties dead set on keeping it that way. For all their talk, Labour does not want to see any price correction for existing […]

1935 – Labour, Fletchers and State Houses

New Zealand has a long history of government provision of state housing – well built homes funded by the state but built by private enterprise and rented to low income families. The first Labour government wasn’t the first to build them. That honour goes to the Seddon Liberal Government with its 1905 Workers’ Dwellings Act. But […]