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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.
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]
Independent Timber Merchants or the Independent Timber Merchants Society (usually shortened as ITM) is a New Zealand co-operative of independent building supplies and hardware retailers. Its stores sell a range of products to both tradespeople and consumers, including building supplies , power tools , kitchens and paint .
BRANZ started out as an industry-funded research library in the 1950s, the Building Research Bureau. [1] In the late 1960s the New Zealand government passed legislation to create the building research levy, which allowed the establishment of the research association BRANZ in 1970.
State housing is a system of public housing in New Zealand, offering low-cost rental housing to residents on low to moderate incomes. Some 69,000 state houses are managed by Kāinga Ora – Homes and Communities , [ 1 ] most of which are owned by the Crown .
The following year, the Government announced plans to restructure government building and housing services. The new Department of Building and Housing was established, replacing the Ministry of Housing and picking up functions from the Ministry of Economic Development and the MSD (retirement village legislation) and the Department of Internal ...
As of April 2021, Standards New Zealand is revising NZS 3604, with a new edition of the standard due to be published in 2023. The proposed changes include extending the scope of the standard to cover building three full storeys (to accommodate increasing demand for medium-density housing) and building on sites with expansive clay and medium ...
The leaky homes crisis is an ongoing construction and legal crisis in New Zealand concerning timber-framed homes built from 1988 to 2004 that were not fully weather-tight. . The problems often include the decay of timber framing which, in extreme cases, have made buildings structurally unsou