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26 Feb 2021 5:43
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  •   Home > News > Business

    The first of many changes needed to solve the housing  crisis

    The first of many changes needed to solve the housing crisis


    Housing Minister Megan Woods has announced plans to build eight thousand new homes - possibly the largest public build in decades.

    The Real Estate Institute boss, Bindi Norwell, says house prices are outstripping wage increases -- and the next step is to focus on affordable housing.

    She says more and more attention is going to how unaffordable housing is in New Zealand -- and it's time for the Government to act.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     25 Feb: The Auditor-General is carrying out an inquiry into the Ministry of Social Development's emergency housing grants paid for private rental properties in Auckland
     25 Feb: A cautious approach from the Reserve Bank
     25 Feb: Promising news for Fonterra shareholders
     25 Feb: Patience is the word from the Reserve Bank when it comes to the economy
     25 Feb: The Reserve Bank says several factors lifting our economic activity, are likely to prove temporary
     25 Feb: The Official Cash Rate is expected to stay put for the immediate future
     24 Feb: Hopes we'll be in a position to see an Official Cash Rate increase next year
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    The Auditor-General is carrying out an inquiry into the Ministry of Social Development's emergency housing grants paid for private rental properties in Auckland More...



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