NZ's housing crisis worsens; govt options limited

NZ's housing crisis worsens; govt options limited
The hot housing market keeps getting hotter.
Jenny Ruth
A month ago, Finance Minister Grant Robertson said housing affordability was a "crisis" situation but it's becoming worse with each month's data update.House prices had risen 17.3% in calendar 2020, according to the Real Estate Institute's house price index, and in January they were up 19.2% year-on-year, but now we have data showing February's prices were 21.5% higher than a year earlier.That wasn't on small volumes either: in Auckland, sales jumped nearly 35% from last February while excluding Auckland, sales wer...

More Opinion

Why luxury needs a wake-up call
Opinion Fashion

Eden Bradfield: Why luxury needs a wake-up call

The focus should be on selling consumers a lifestyle, not just status symbols. 

Eden Bradfield 01 Jul 2025
Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025
Money, Money, Money
Opinion

Simon Robertson: Money, Money, Money

Like it or not, everything digital is coming.

Simon Robertson 28 Jun 2025