Kāpiti Coast councillors has agreed to set up an independent trust which will provide local residents with affordable housing, and could potentially take over the district council’s money-losing pensioner flats. The entity could work with iwi or other organisations to build affordable or social housing on land that it bought or received from the council. Read more
Posts Tagged ‘Affordable housing’
NZ house prices driving dangerous levels of inequality
Thursday, September 23rd, 2021
The average house price in Aotearoa is more than $900,000. We have a shortfall of more than 100,000 dwellings, all urban housing markets are considered severely unaffordable by international standards. 500,000 Kiwis are in overcrowded housing situations 350,000 households are on accommodation supplements Māori home ownership sits at just over 30% less than 50% of Read more
Why is it near impossible to produce affordable housing?
Thursday, September 24th, 2020
It is one of the biggest problems our country faces — we cannot produce the affordable housing that’s so desperately needed. But we can produce an overabundance of expensive homes. So why the massive disconnect between demand and supply? Without political ownership and a major overhaul of the current regulatory processes, affordable housing will never Read more