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The redevelopment would leave 78 houses owned by Housing New Zealand and the rest sold privately. [54] The redevelopment process sparked over two years of protests and scores of arrests, including of Mana Party leader Hone Harawira. [55] In 2012 it closed Housing New Zealand's local offices to tenants and directed all enquiries to a call centre ...
When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses. [18]
On 1 October 2019 Kāinga Ora was formed by the merger of Housing New Zealand with its development subsidiary Homes, Land, Community (HLC) and the KiwiBuild Unit from the Ministry of Housing. Kāinga Ora is a large and important Crown entity, with assets of $45 billion and over $2.5 billion of expenditure each year.
Housing is typically the biggest expense most people have to pay for each month. It is especially expensive lately, due to such factors as inflation, a shortage of homes for sale, and other issues...
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [1] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
Measuring affordable housing is tricky. Different organizations look at different things: some at buying homes, others at renting apartments. Many U.S. studies, for example, only consider the average rent of a two-bedroom apartment, regardless of location or quality. This can make housing look more expensive than it actually is for many people.
As the cost of living continues to surge across the United States, the dream of finding an affordable rental home becomes increasingly elusive for many Americans. The stark reality is that not...
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