Show me the money: Four home owners open their bank statements

It’s Rent Week here on The Spinoff, so why are we writing about house buyers? Because the booming housing market is a key driver behind the current surge in renting – and because stories like these demonstrate the enormous challenges faced by those attempting to make the leap from renter to home owner. We talk … Read more

First home buyers rejoice! House prices are falling! (maybe)

News that house prices fell this month represents a tiny glimmer of hope for ever-gloomy first home buyers. But is that optimism, however feeble, at all justified? Economist Shamubeel Eaqub investigates. House prices fell in February, per latest data from QV. Time to celebrate the popping of the bubble, right? Hold on, don’t uncork the … Read more

Restoring the house that Jack built: how the lessons of the past can help solve the housing crisis

Politicians John A. Lee and Norman Kirk used lessons drawn from their experience of poverty to create affordable housing, while John Key – despite famously being born in state housing – has overseen its demise. Oliver Chan argues that it’s time to restore the house that Jack built. This is the story of three politicians: … Read more

Summer reissue: The truth about *that* weirdly racist Chinese real estate story – a Spinoff investigation in five parts

In August, the Herald ran a crazily racist opinion piece where an unnamed real estate agent criticised Auckland for being “unwholesomely Chinese”. Guy Williams went in search of the truth about the story, and ended up being sucked down a rabbit hole filled with intrigue, recriminations, and Winston Peters. First published August 16, 2016 Holy … Read more

Summer reissue: A property expert answers your questions about the housing crisis

In October we invited you to lob your Auckland housing crisis questions at AUT professor John Tookey, an expert on the subject. Here he responds to a selection of the many questions he received, and explains why – spoiler alert – there are no easy answers. John Tookey is a Professor of Construction Management at … Read more

Why aren’t more housing developers developing? An expert explains

Property expert and housing strategist Leonie Freeman sets out why – despite the housing crisis – there are still so few new homes being built. We all know that house prices are at an all-time high and demand far exceeds supply. Economics 101 says that when demand is greater than supply, it’s opportunity time for … Read more

You think Auckland’s housing crisis is bad? The Queenstown car crash will be worse

It’s a place with low wages, stratospheric property prices and housing stock that’s often near-uninhabitable. Sound familiar? But this isn’t Auckland – it’s Queenstown, where the worst aspects of our growing economic inequality are writ large, as Peter Newport explains. It’s possible you can tell almost everything about a town or city by its job … Read more

Employment hit a record high today. Here’s why National should worry – and what they can do about it.

The unemployment numbers came out today, showing a job market in its best state since the GFC hit eight years ago. While this is undeniably good for the National government, Duncan Greive argues they shouldn’t expect the good times to last – but suggests one weird trick which might help them do so. In The Rise … Read more

Q&A special: An AUT expert answers your questions about the housing crisis

Last week we invited you to lob your Auckland housing crisis questions at AUT professor John Tookey, an expert on the subject. Today he responds to a selection of the many questions he received, and explains why – spoiler alert – there are no easy answers. John Tookey is a Professor of Construction Management at … Read more

Warcast #7: Jacinda Ardern, Leonie Hayden, and a rant about Mike Lee

Why did we endorse Not Mike Lee? We explain our controversial decision and talk housing, elections and potential mayors with a pair of all-star guests. With Auckland in the throes of  voting, Mana editor Leonie Hayden joins the Warcast to recap the most recent mayoral debate at Ngā Whare Waatea Marae, where one candidate emerged as a clear crowd favourite. Hayden … Read more

Public service announcement: The NZ property market can be hazardous to your health

For all the hand-wringing over the economic damage done by the housing crisis, precious little attention is paid to its health effects – particularly on those living in poverty. Dr George Laking explains why house prices should come with a health warning. Warning: contains photos of doctors and gory things. We loved our scuzzy flat … Read more

Warcast #6: Generation Zero expose the good and terrible council candidates

In fits of democratic exhilaration, Gen Zero and the Auckland war bunker celebrate the start of the Auckland local elections, and explain their imperious plans to tell you how to vote. On the day voting papers begin to dribble into the letterboxes of the Super City, Spinoffistas Toby Manhire and Hayden Donnell are joined by … Read more

The War for Auckland bunker unleashes vicious new weapon: Lovely music

The War for Auckland briefly flees the stinking cauldron of hot takes for the cool waters of beautiful music, as Lake South explains his new track Renters. I wrote Renters because that’s Auckland for me in 2016. All my friends talk about is paying too much rent for shitty flats. They say they can’t tell the landlord about the … Read more

Shock: Media currently hosting world’s first non-racist immigration debate

Every immigration debate in history* has been riddled with racism. Duncan Greive looked at current coverage of the issue – and its impact on housing – and came away pleasantly surprised.  September’s North & South came out a couple of Mondays ago and devoted a large chunk of its feature well to a single issue: immigration. It’s … Read more

Vancouver’s foreign-buyer tax: the solution for an overheated Auckland market?

Did the Canadian experiment work? It is far too early to tell, and anybody claiming otherwise may be trying to sell you something, writes Eric Crampton There’s a reasonable consensus that not building enough houses, apartments, or terraced housing is at the root of Auckland’s lack-of-homes problem. And there’s further reasonable consensus that that’s primarily … Read more

Nick Smith goes to war with Nick Smith over housing affordability

In an interview on The Nation, Nick Smith said he wants to make houses more affordable without actually making them cheaper. Hayden Donnell weighs in, with the help of Ben Thomas, on the two contradictory versions of the Housing Minister. Here’s a list of things worth $1 million: 1. Three black market kidneys 2. Two private islands in … Read more

Nick Smith says he can do no more on land banking. Hogwash, nonsense and baloney

The housing minister insists the government is limited to getting ‘the incentives’ right. But there’s plenty more they could do. And there’s only one Auckland mayoral candidate with a policy solution, writes Geoff Simmons. The average price of a house in Auckland is predicted to pass $1m when official figures are released later this week. … Read more

Housing crisis uselessness costing National in Auckland – Spinoff poll

A Spinoff/SSI poll shows National’s support slipping in Auckland. Tim Murphy looks at why the blue tide might be going out in our biggest city (Hint: it has something to do with a housing Apocalypse). One intriguing result from this week’s Spinoff-SSI poll of voters is that the Government’s lead in the party vote has fallen considerably … Read more

Shamubeel Calls Good Shit #1: Whoa, the Unitary Plan got passed

In a shocking twist, mild-mannered economist Shamubeel Eaqub has taken a break from calling bullshit to call “good shit” on Auckland Council for passing the Unitary Plan. We thought it would be so hard. Just a few months ago, dozens of people trundled into Auckland Town Hall to yell insults at anyone who’d ever had a positive … Read more

Every politician wants our annoying council to pass the Unitary Plan

Amazing political news: a grand coalition was brokered on the Unitary Plan. You just might have missed it because it was signed off in the witching hour on Prime TV. August 3, 2016: the day peace broke out in New Zealand politics. After decades of bickering, sniping, and releasing lists of questions no-one will answer, our … Read more

Shamubeel Calls Bullshit #2: on Andrew Little’s problem with the Unitary Plan

Labour says the Unitary Plan won’t provide affordable housing. Our mild-mannered economist Shamubeel Eaqub says that ignores the basics of supply and demand. People are getting worried the new Unitary Plan won’t provide enough affordable housing. Modelling done for the Independent Hearings Panel that authored the plan appears to show only 15% of the 247,000 new … Read more

The War For Auckland Podcast: Is the new Unitary Plan… good? (Yes)

Introducing The War For Auckland podcast, where we discuss the Unitary Plan, the local body elections, and other incredibly interesting topics. This week we are literally accompanied by the sounds of Auckland being constructed as the Spinoff’s senior pet correspondent Hayden Donnell and political editor Toby Manhire talk to former Housing New Zealand head of development Leonie Freeman and … Read more

Shamubeel Calls Bullshit #1: The confused Boomer resident rights activist from St Heliers

Today we introduce a new series, ‘Shamubeel calls Bullshit’, in which prominent economist Shamubeel Eaqub swears at people who say moronic things about the Unitary Plan, the housing crisis, and the local body elections. Shamubeel Eaqub isn’t given to fits of rage. But even the most self-controlled economist can be driven mad by a bombardment of bad opinions, and the Unitary Plan debate … Read more

Some graphs that show the new Unitary Plan is both great and extremely embarrassing for our worst councillors

The new and improved Unitary Plan is a slap in the face to our anti-density councillors and their ashen-faced supporters. We plucked out a handful of graphs that really tell the story. There was a lot of monotone droning at Auckland Council’s briefing on its new Recommended Unitary Plan. We were told about PAUPs, MHUs, and THAs. Feasible … Read more

Announcing the War for Auckland

War?! We know, we know. But what else would you call the vastly differing visions for Auckland presented by Auckland 2040 and Generation Zero? We feel like the next few months will define this city’s future, and will thus cover the Unitary Plan and the subsequent election with a rare fury. Read on to hear our justification – … Read more

The Auckland housing story has changed a lot since that infamous pitchfork meeting

Five months after the infuriating marathon Auckland Council meeting on ‘upzoning’ comes a massive moment for the future of the city and its critical Unitary Plan. Between the two events, housing, and Auckland housing especially, has completely dominated the political agenda Five months and two days, so the adage goes, is a long time in … Read more

A non-homeowner’s guide to the bubble that is going to take you all down

Greg Pritchard is just another person watching nothing be done about the housing crisis. We’re told it’s too complicated and impossible to fix – but, as he points out below, it’s actually terrifyingly simple.  Millions of words have been written about the housing situation in Auckland. TV networks have screened countless hours of renovation shows whose clear subtext … Read more

An inspiring cross-party address on the housing crisis, by John Key and Andrew Little

We edited John Key and Andrew Little’s words together into a surprisingly unified speech on the housing crisis. While I was putting together this impossible quiz, I noticed something surprising: John Key and Andrew Little were starting to make sense. Reading quotes by the pair on the housing crisis – Key’s from a speech in 2007, Little’s from interviews … Read more