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State housing is a system of public housing in New Zealand, offering low-cost rental housing to residents on low to moderate incomes. Some 69,000 state houses are managed by Kāinga Ora – Homes and Communities, [1] most of which are owned by the Crown. In excess of 31,000 former state houses exist, [2] which are now privately owned after ...
New Zealand property bubble. The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [1] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
This is the lowest rate of home ownership since 1951. This is partly due to the increase in New Zealand house prices which since 1990 have increased faster than any other OECD country. [55] Housing in New Zealand has been classified as 'severely unaffordable' with a score of 6.5 under the median measure housing affordability measure. [56]
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Network. TV One. House Hunt is a New Zealand reality television series about the New Zealand property market, which follows house-hunters looking to buy property. [1] [2] It airs on TV One. [3] Series director Robyn Paterson spoke on the Breakfast with Brian Kelly program on the Coast radio network in June 2015, just before the series aired. [4]
The leaky homes crisis is an ongoing construction and legal crisis in New Zealand concerning timber-framed homes built from 1988 to 2004 that were not fully weather-tight. The problems often include the decay of timber framing which, in extreme cases, have made buildings structurally unsound. Some buildings have become unhealthy to live in due ...
Japan. Danchi (団地, literally "group land") is the Japanese word for a large cluster of apartment buildings or houses of a particular style and design, typically built as public housing by government authorities. The Japan Housing Corporation (JHC), now known as the Urban Renaissance Agency (UR), was founded in 1955.
The Overseas Investment Amendment Act 2018 is a New Zealand bill that amends the Overseas Investment Act 2005 to ban most non-resident foreigners from buying existing houses, [ 1] by classifying them as sensitive land and introducing a residency test. Australian citizens are exempt from this rule as they are considered New Zealand residents per ...