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The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
State housing is a system of public housing in New Zealand, offering low-cost rental housing to residents on low to moderate incomes. Some 69,000 state houses are managed by Kāinga Ora – Homes and Communities, [1] most of which are owned by the Crown. In excess of 31,000 former state houses exist, [2] which are now privately owned after ...
When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses.
Agency executives. Simon Moutter, Board Chairperson [ 3] Andrew McKenzie, Chief Executive [ 3] Website. www .kaingaora .govt .nz. Kāinga Ora, officially Kāinga Ora – Homes and Communities, [ 4] is a Crown agency that provides rental housing for New Zealanders in need. It has Crown entity status under the Kāinga Ora–Homes and Communities ...
New Zealand went through a major program of tax reform in the 1980s. The top marginal rate of income tax was reduced from 66% to 33% (changed to 39% in April 2000, 38% in April 2009, 33% on 1 October 2010 and back to 39% in April 2021) and corporate income tax rate from 48% to 28% (changed to 30% in 2008 and to 28% on 1 October 2010).
The Sixth National Government is a coalition government comprising the National Party, ACT Party and New Zealand First that has governed New Zealand since November 2023. The government is headed by Christopher Luxon, the National Party leader and prime minister, along with coalition party leaders David Seymour and Winston Peters .
The Real Estate Authority (REA), formerly the Real Estate Agents Authority (REAA), is the New Zealand Crown entity responsible for the regulation of the New Zealand real estate industry as well as the agents within it. [4]
This article lists urban areas of New Zealand—as defined by Statistics New Zealand—ranked by population. Only the 150 largest urban areas are listed. Only the 150 largest urban areas are listed. Urban areas are defined by the Statistical Standard for Geographic Areas 2018 (SSGA18).
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