Tag: housing

Kiwibuilds 100,000 homes progress

The average build numbers according to my article published in 2018 would have been ~30,000 homes by now. The actual stats are somewhat lower than that: 934 – yes: 934. Even if we would say that starting up is hard and the initial output would have been lower, would we maybe not have expected 20,000 homes? But we got 934.

Read More »

The Building Industry – we are not alone

NZ and USA – not only are we suing the same construction methods, but we seem to be having the same educational, societal and methodological issues. The reason for any labour shortage is different in NZ I believe but nevertheless we seem to be having one – particularly a skilled labour shortage (note the emphasis on skilled).

Read More »

Is NZ ready for $10b of Chinese cash about to drop on property market?

The Productivity commission did a report in 2012 and outlined many issues, actually a very interesting report to read. Another updated draft report was just released two weeks ago and contains pretty much the same findings. Yet again I note that the issues have not changed in 3 years, are well documented and yet not addressed.

Read More »

Auckland Housing crisis – all the wrong assumptions and information

The median house price in Auckland is now at $750K, a number that our family would probably struggle to afford with us two parents working in well advanced positions.
Clearly investors are currently setting the market price as they have access to the required funds, and a CGT will reduce numbers of investors, depending on the level it is set at, freeing the market up for owner buyers.
We actually building larger houses with less people in it and complaining about the cost.

Read More »