Housing woes increase: KiwiBuild problems and falling prices in Auckland

Feb 14, 2019 · 17m 48s
Housing woes increase: KiwiBuild problems and falling prices in Auckland
Description

Reserve Bank Governor Adrian Orr is warning the Government's flagship KiwiBuild policy could "crowd out" the private sector. But Finance Minister Grant Robertson disagrees, saying Orr's forecast was "certainly challengeable"....

show more
Reserve Bank Governor Adrian Orr is warning the Government's flagship KiwiBuild policy could "crowd out" the private sector.

But Finance Minister Grant Robertson disagrees, saying Orr's forecast was "certainly challengeable".

This morning, the Reserve Bank published a discussion document. It says KiwiBuild could contribute 100,000 affordable houses over 10 years, but it's unlikely that will be achieved without crowding out a "significant amount of other residential construction activity".

And Auckland house sale prices have hit their lowest levels in three years.
show less
Information
Author NZME
Organization NZME
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search