Impossible dream?
The best way to increase housing affordability is for politicians to manipulate the market by bringing on more state housing and to discourage property speculators, but it’s not to likely to happen!
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The best way to increase housing affordability is for politicians to manipulate the market by bringing on more state housing and to discourage property speculators, but it’s not to likely to happen!
Whether renting or paying a mortgage, the cost of a roof over one’s head consumes a substantially larger chunk of income than 20 years ago, but housing affordability is about more than just the initial cost.
The seismic strengthening of New Zealand’s commercial buildings will place a heavy financial burden on building owners. In some cases, the high costs may make it unaffordable.
Tracking the rise of housing costs, both for new dwellings and already existing properties, shows the major influence rising land costs are having on affordability.