For two decades, under both National and Labour governments, housing costs have risen far faster than wages. Here’s a horrific graph that shows by just how much. Last Thursday saw the first of what will no doubt be dozens of housing-related set pieces from Labour, wherein they announced 8,000 public and transitional houses. Or, as … Read more
Summer reissue: Homeownership has long been touted as the great Kiwi dream, but not everyone’s looking for a permanent fix. Jihee Junn explores the rising phenomenon of renters by choice. First published February 25, 2020. Even if I had a hundred grand sitting in the bank for me to spend right now, I’m not sure … Read more
Homeownership has long been touted as the great Kiwi dream, but not everyone’s looking for a permanent fix. Jihee Junn explores the rising phenomenon of renters by choice. Even if I had a hundred grand sitting in the bank for me to spend right now, I’m not sure buying a house would be my first … Read more
The government has announced a suite of practical changes to the Residential Tenancies Act in its bid to make renting fairer and more secure. Here’s what you need to know. What’s happening? A number of changes to the Residential Tenancies Act (RTA) has just been announced by associate minister of housing Kris Faafoi. The RTA … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Wild rental inflation hits Wellington, an end to tenure review system has been announced, and confirmation comes of Chinese squeeze on tourism. Wellington is experiencing a wild spell of rent inflation at the moment, reports One News. Average rents in the city are now $45 a week more … Read more