The high cost of house prices

Fri, 11 Dec 2020

Hamish Glenn, the vocal policy director at Infrastructure New Zealand, says prioritising house prices over supply, quality and affordability could serve to 'lock in' intergenerational inequality and low incomes.In response to this week’s Housing in Aotearoa report, co-authored by Stats NZ and the Building Research Association of NZ, which shows home ownership at its lowest rate in 69 years, Glenn said there should be a greater focus on building houses at scale, and at a potential price point below $400,000.“That homes are se...

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