URL is useless for those of us who cannot afford the subscription charge - so thanks for nothing. I will make sure to post your Christmas present to the wrong address.
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Latest social housing waiting list numbers are out. Now we have 21,415 people on it, triple what it was in September 2017 and up 1,041 in the last month.
Also a record number of people receiving emergency housing grants with a total of 9,823 people receiving such grants in the last 3 months at a cost of up to $ 922,000 per day.
Well done Labour.
Perhaps well done labour for controlling Covid. The UK has had about 60,000 deaths from covid. If NZ had had the same death rate that would have been about 5,000 mainly elderly deaths. When you take into account that many other elderly would have also had to have left their houses as a result of becoming ill but not actually dying from covid and some others suffering long-term debilitation too, that would have meant many more houses becoming available.
Lockdowns would have affected building. Also what are the Covid-era net migration figures - are there more Kiwis wishing to return to NZ as opposed to foreigners wishing to leave NZ?
However it would also be interesting to know what percentage of homes have been kept empty and if that is increasing. Certainly the combination of toughening rental housing standards, lower interest rates plus the ruling out of a CGT if the house is kept longer than 5 years and now the increased top income tax rate, may make investors consider keeping their investment housing empty for longer periods as a viable option.
Controlling COVID !!!
You must have learnt from Jacinda during the election campaign when she responded to every single questions with a COVID answer. This housing crisis has been growing very fast every single month under this PM that wanted to make fixing it her top priority 3 years ago. It has steadily gotten worse and was doing so before we'd ever heard of COVID. Last numbers I saw on immigration stats actually had more people permanently leaving NZ this year than arriving and certainly did not support the extravagant claims about Kiwis returning by the tens of thousands.
Whichever way you look at it, this area has been a complete failure by the PM
I agree it was and is getting worse under this PM. The economic and monetary response to Covid probably aggravated a pre-exisiting situation. Successive governments have let it get worse. However would the electorate (or the part of the electorate that actually turns out to vote) have voted into office a government that had meaningful policies that tackled the housing supply and affordability crisis head on? I think the crisis will have to get worse before voters will support the changes necessary.
I am certainly glad that we had a Cindy and not a BoJo, a Donald or even a ScoMo as PM during Covid.
How Boomers changed the rules and past generations pulled up the property ladder on today's
Youth...
https://www.stuff.co.nz/business/opinion-analysis/300175287/how-past-generations-pulled-up-the-property-ladder-on-todays-youth