NZ Initiative: Auckland to remain 'crowded house' for new arrivals

NZ Initiative: Auckland to remain 'crowded house' for new arrivals
New Zealand Initiative researcher Leonard Hong.
Brent Melville
New Zealand’s housing affordability crisis will continue to worsen even if migration slows to a trickle, according to modelling by policy think tank, The New Zealand Initiative.In its latest report, 'The Need to Build, the demographic drivers of housing demand', researcher Leonard Hong said political “buck-passing” has served to create extremely expensive housing markets in cities such as Auckland and Wellington, and a national housing crisis.According to the 2020 international affordability survey by Demographia, Auck...

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