No single policy fix for housing ‘perfect storm’ – Ardern

Mon, 09 Nov 2020

The “perfect storm” creating an increasingly unaffordable housing market won’t be fixed by a single policy, says Prime Minister Jacinda Ardern.Speaking at her weekly post-Cabinet press conference, Ardern said the world was “vastly different” to a time when previous generations found housing relatively more affordable, even with interest rates of more than 10 percent.“It’s fair to say at this current point in time, we do have a perfect storm that will not be solved by one policy,” Ardern said.She p...

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