A couple of weeks back the Dear Leader decided to indulge in yet more of her virtue signalling with a ‘climate emergency’ declaration by her MPs in Parliament. Even Greta Thunberg was unimpressed with that.
What is unquestionably an emergency, however, is housing. Right now people are scrambling for places to live. WW follows the real estate market and the number of houses available in Kapiti has shrunk substantially over the past year, a trend which had become obvious even before the coronavirus flap. We suspect many houses for sale aren’t even listed, buyers are lined up already.
New figures showthe nationwide median priceis now about $750,000, and in Auckland it is above $1 million. Home ownership rates are at a seven-decade low.
There has been plenty said about the causes, although it’s pretty clear that one of the major ones has been the Reserve Bank cutting interest…
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Environmental Health Watch NZ 