Not enough houses have been built in the right places, for the right prices. This was confirmed in a review of emergency housing yesterday, a day after the door was thrown open to more migrant workers
Bernard Hickey writes “Aotearoa Inc hasn’t invested nearly enough in housing, water and transport infrastructure to cope with past population growth, let alone future growth. Where does Bernard live? We have invested enough in (vastly inflated) housing to make land-owners and property developers wealthy. We have invested enough that the productive sector is stuck in a catch 22; unable to automate or pay living wages while any productive land with good access is either banked or developed.
Bernard Hickey writes “Aotearoa Inc hasn’t invested nearly enough in housing, water and transport infrastructure to cope with past population growth, let alone future growth. Where does Bernard live? We have invested enough in (vastly inflated) housing to make land-owners and property developers wealthy. We have invested enough that the productive sector is stuck in a catch 22; unable to automate or pay living wages while any productive land with good access is either banked or developed.
The Minister does not identify the root cause of the housing crisis. She just makes trite comments about its manifestation.
Kaye Saville-Smith provides a convincing analysis of the 'root cause' - changes made by the fourth National Government.
https://www.buildingbetter.nz/publications/homes_spaces/Saville-Smith_2018_following_the_money.pdf