New Zealand housing crisis spirals as rents hit record highs
About 40% of houses bought in New Zealand in the final quarter of 2020 were by owners of multiple properties
18 April 2021 - 06:51
Wellington — For many, life in New Zealand’s capital, Wellington, is largely back to normal. Its windswept streets are crowded with maskless shoppers and office workers, bars are packed and the economy is humming along.
In the distinctive “beehive” parliament building, Prime Minister Jacinda Ardern and her government have achieved lavish global praise for controlling the Covid-19 pandemic where many other leaders failed...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.