CoveragePost
July 4, 2023
COMMENTARY: By Chlöe Swarbrick In 1988, our National Housing Commission declared, “New Zealand does not have the huge, insoluble problems of homelessness and substandard housing which confront many other nations.” This was the final report of the then disestablished commission, which to that point had reported detailed data every five years to keep the country ... <a title="Chlöe Swarbrick: Housing in NZ a major driver of poverty – who pays the cost?" class="read-more" href="https://eveningreport.nz/2023/07/04/chloe-swarbrick-housing-in-nz-a-major-driver-of-poverty-who-pays-the-cost/" aria-label="Read more about Chlöe Swarbrick: Housing in NZ a major driver of poverty – who pays the cost?">Read more</a>
CoveragePost
October 7, 2021
Analysis by Keith Rankin. This last week I watched Push: The Global Housing Crisis on Al Jazeera, featuring Leilani Farha, Canadian lawyer and former United Nations special rapporteur on adequate housing. She is now leader of The Shift (the global movement to secure the human right to housing). The central takeaway from this ‘Witness’ documentary ... <a title="Keith Rankin Analysis – Global Housing Crisis, Human Rights, and Entitlement Finance" class="read-more" href="https://eveningreport.nz/2021/10/07/keith-rankin-analysis-global-housing-crisis-human-rights-and-entitlement-finance/" aria-label="Read more about Keith Rankin Analysis – Global Housing Crisis, Human Rights, and Entitlement Finance">Read more</a>
CoveragePost
August 23, 2021
EVENING REPORT: On Friday August 20 the Reserve Bank of New Zealand governor Adrian Orr told Bloomberg that a fundamental imbalance in the New Zealand economy is a lack of supply within the residential housing market. But will a supply correction alone resolve New Zealand’s affordable housing crisis? Stephen Minto analyses this question.
CoveragePost
July 5, 2021
Analysis by Keith Rankin. I was encouraged to hear Nicola Willis, National Party’s spokesperson on housing, make the key point that the central problem in New Zealand’s housing crisis is that of people being squeezed out of the private rental market. I made this point and more in detail earlier this year (Solving the Housing ... <a title="Keith Rankin Essay – Unrented Rentals and Property Hoarders" class="read-more" href="https://eveningreport.nz/2021/07/05/keith-rankin-essay-unrented-rentals-and-property-hoarders/" aria-label="Read more about Keith Rankin Essay – Unrented Rentals and Property Hoarders">Read more</a>
CoveragePost
April 29, 2021
SOURCE: CORELOGIC: The CoreLogic Property Market & Economic Update for Q1 2021 reinforced the heated market conditions which led to the Government’s recent housing policy announcement. Through the first quarter of 2021 sales activity remained high despite record-low listings, property values rose rapidly, and mortgaged investor participation surged from 27% to a record-high 29% share ... <a title="Analysis – CoreLogic data reinforces heated housing market conditions that led to NZ Gov’s policy moves" class="read-more" href="https://eveningreport.nz/2021/04/29/analysis-corelogic-data-reinforces-heated-housing-market-conditions-that-led-to-nz-govs-policy-moves/" aria-label="Read more about Analysis – CoreLogic data reinforces heated housing market conditions that led to NZ Gov’s policy moves">Read more</a>
CoveragePost
April 22, 2021
Analysis by Keith Rankin. Stories last week from Radio New Zealand: Expert analysis: low interest rates vs soaring house prices, Nine to Noon, 15 April 2021. And refer to: Arthur Grimes: How to fix a broken Auckland? Add 150,000 homes to crash prices by 40%; The Spinoff, 4 July 2016 Bernard Hickey: PM says Arthur ... <a title="Keith Rankin Analysis – Money, Housing, and King Canute" class="read-more" href="https://eveningreport.nz/2021/04/22/keith-rankin-analysis-money-housing-and-king-canute/" aria-label="Read more about Keith Rankin Analysis – Money, Housing, and King Canute">Read more</a>
CoveragePost
March 30, 2021
Essay by Keith Rankin. Getting the Language Correct Aotearoa New Zealand has a housing problem; a very big housing problem, and a problem not unique to New Zealand. While political leaders and privileged commentators do acknowledge the problem, the discussion remains befuddled, presumably largely because of the compromised political and financial interests of those who ... <a title="Keith Rankin Essay – Solving the Housing Crisis: Making Homes" class="read-more" href="https://eveningreport.nz/2021/03/30/keith-rankin-essay-solving-the-housing-crisis-making-homes/" aria-label="Read more about Keith Rankin Essay – Solving the Housing Crisis: Making Homes">Read more</a>
CoveragePost
March 28, 2021
Analysis by Bryce Edwards. Renters have been thrown under a bus by the Labour Government this week. Now the dust has settled on the Government’s announced housing changes, economists are pointing to a likely rise in the cost of rents, and an increase in homelessness. The flipside, of course, is that homebuyers may be better ... <a title="Bryce Edwards’ Political Roundup: Housing announcement a blow for those at the bottom" class="read-more" href="https://eveningreport.nz/2021/03/28/bryce-edwards-political-roundup-housing-announcement-a-blow-for-those-at-the-bottom/" aria-label="Read more about Bryce Edwards’ Political Roundup: Housing announcement a blow for those at the bottom">Read more</a>
CoveragePost
November 23, 2020
Analysis by Keith Rankin. To the surprise of most pundits, substantial real estate price inflation has resumed, after a hiatus from 2017 to 2019. As to be expected, most of the usual tropes have been employed: a lack of supply, immigration (in this latest case returning New Zealanders), and low interest rates. The only missing ... <a title="Keith Rankin Analysis – Fixing the 2020 New Zealand House Price Bubble" class="read-more" href="https://eveningreport.nz/2020/11/23/keith-rankin-analysis-fixing-the-2020-new-zealand-house-price-bubble/" aria-label="Read more about Keith Rankin Analysis – Fixing the 2020 New Zealand House Price Bubble">Read more</a>
CoveragePost
September 5, 2019
The Government has been widely panned over its major announcement yesterday on housing. There are a few positive takes on the “reset”, but generally it has been viewed as an embarrassing backdown at best, or at worst a sell-out of those needing the housing crisis addressed. One political journalist has even branded yesterday’s announcement as ... <a title="Bryce Edwards’ Political Roundup: Labour’s KiwiBuild reset disaster" class="read-more" href="https://eveningreport.nz/2019/09/05/bryce-edwards-political-roundup-labours-kiwibuild-reset-disaster/" aria-label="Read more about Bryce Edwards’ Political Roundup: Labour’s KiwiBuild reset disaster">Read more</a>
CoveragePost
July 5, 2019
Call it “state housing”, “social housing” or this Government’s preference, “public housing” – it’s the accommodation solution that continues to be overlooked and neglected by both Labour and National governments. Sure, the current government might talk a lot about “public housing” and they might be building more state houses than the previous government, but it’s ... <a title="Bryce Edwards’ Political Roundup: Is it time for a programme of mass state house building?" class="read-more" href="https://eveningreport.nz/2019/07/05/bryce-edwards-political-roundup-is-it-time-for-a-programme-of-mass-state-house-building/" aria-label="Read more about Bryce Edwards’ Political Roundup: Is it time for a programme of mass state house building?">Read more</a>
CoveragePost
June 28, 2019
Yesterday the Prime Minister sent a clear message to voters: the Government has not given up on fixing the housing crisis. It was communicated via the sacking of the Housing Minister, and a serious re-organisation of the housing portfolio so that a team of five ministers now share responsibility for fixing what is becoming an ... <a title="Bryce Edwards’ Political Roundup: The Government suggests it hasn’t given up on the housing crisis (yet)" class="read-more" href="https://eveningreport.nz/2019/06/28/bryce-edwards-political-roundup-the-government-suggests-it-hasnt-given-up-on-the-housing-crisis-yet/" aria-label="Read more about Bryce Edwards’ Political Roundup: The Government suggests it hasn’t given up on the housing crisis (yet)">Read more</a>