Page 29 - Housing Issues News Today

Housing and sustainability experts from across New Zealand welcomed the publication of the How We Live report, launched by Motif, last Sunday. It articulates how the combined efforts of our team of five million can create good solutions to the housing crisis, if we all work together. Download it here: www.HowWeLive.co.nz Ben Preston, from Motif, says the document gives hope. “It looks at the alternative ways this problem has been successfully tackled overseas. It is not going to gather dust....

Thursday, 15 April 2021, 4:46 pm It has been two weeks since the Government’s announcement to extend the Brightline Test and to taper/remove mortgage interest deductibility for investors. Amidst all of the expert commentary, news headlines, and social media debate, here is our evidence-based perspective. A spike in investor sales or sharply rising rents don’t seem particularly likely. Indeed, as always, higher mortgage rates might be the key concern for property, especially now that the lo...

Norman Gemmell , Te Herenga Waka — Victoria University of Wellington Economists like to talk about “optimal policy instruments” — essentially, policies that achieve their objectives more effectively or efficiently than the alternatives, and ...

News highlights: Majority of experts expect rents to increase due to higher investor costs 57% disagree with extending the bright-line test All experts predict the OCR to hold at 0.25% in April Experts are concerned that tenants will cop higher rents ...

Thursday, 1 April 2021, 5:02 pm $3.8 billion towards new houses, a crack down on investors and more assistance for first home buyers were big items in the Government’s latest housing announcement, but did they get it right? The Government hopes these measures will increase the supply of houses and remove incentives for speculators, aiming to deliver a more sustainable housing market. “This is a package of both urgent and long-term measures that will increase housing supply, relieve pressu...

Wednesday, 17 March 2021, 5:15 pm Affordable housing is scarce, while at the same time many apartments remain empty. This is a problem that many cities are struggling with. The government of the Balearic islands in Spain has now found a solution. A total of 56 apartments, most of them on Mallorca, will be turned into social housing for seven years. Residents are expected to pay only 30 percent of their income as rent, and the owners will be compensated for this. Balearic Islands: Apartments fo...

The Green Party is calling for bold, transformational measures to stop the accelerating housing crisis that is locking New Zealanders out of a stable home. 1. Removing tax incentives for investors by removing the five year cap for the bright line test. ...

“New Zealanders will be demanding answers after learning that the Government’s chief economic adviser opposed its efforts to solve the dispute at Ihumātao”, says ACT Leader David Seymour. “The Government purchased the land at Ihumātao ...

Friday, 12 March 2021, 5:42 pm Yesterday celebrated the kickstart of 25 first home buyers into their Progressive Home Ownership (PHO) journey at the Toru apartments in Queenstown. Twenty-five households will be purchasing homes under the Queenstown Lakes Community Housing Trust’s ground-breaking assisted ownership model, Secure Home. QLCHT executive officer Julie Scott confirmed average one-bed units have sold for $220,000, and two-bed unit prices average $320k. Three years after signing a c...

New research reveals New Zealanders are anxious about the cost of living and housing availability in the wake of the Covid-19 pandemic. Colmar Brunton’s Better Futures report released today in conjunction with the Sustainable Business Council (SBC) ...