Matthew Goodson: What to do about Auckland's housing bubble
How can the air be gently let out of the souffle without having it collapse? Mathhew Goodson writes.
How can the air be gently let out of the souffle without having it collapse? Mathhew Goodson writes.
Under current rules there are no specific size requirements for non-permanent accommodation - including 9sqm apartments.
Craig Elliffe writes: The officials' paper indicates an exemption will apply when you inherit a property from a deceased estate or have transferred as part of the property settlement.
It's 7.9sq m inside, has no kitchen, sink or toilet and fits little more than a single bed - but a buyer has just paid $104,000 for the shoebox living space.
Auckland's credit-financed housing bubble is a grave threat to the NZ economic outlook, writes Matthew Goodson.
The results of a probe into retirement village residents' complaints and disputes with their owners and managers will be revealed next month and could lead to a shake-up.
A Chinese couple have taken a novel approach to quickly building Auckland homes - using a crane to swing four new units into place over just two days.
A big wave of Chinese cash is heading our way. Is New Zealand prepared for a massive $10b to drop on the property market?
A tenants' watchdog has warned rent increases risk pricing people out of Auckland's heated housing market, sparking homelessness and social problems.
A land-buying agency with compulsory acquisition powers is the most radical of the Productivity Commission's proposals for dealing with Auckland's housing crisis.
Nearly 6000 new apartments are set to be built across Auckland over the next three years, with most planned for suburban and city fringe areas, new research reveals.
OPINION: Landlord Tim Duffett says it's time to change the whole way we rent homes in New Zealand.
Landlords say they're being left thousands of dollars out of pocket by errant tenants, forcing up rents for law-abiding Kiwis.
Major banks are set to drop deposit thresholds for apartments, making it easier for cash-strapped first-home hunters to get a foot in Auckland's rampant property market.
Phil Twyford's reputation has grown as steadily as homeowners' and state house tenants' woes, writes Claire Trevett.
The prestigious suburb - first to reach the $1 million mark in 2003 - has now set a frightening new benchmark.
QV's latest figures show NZ house values have risen at the fastest pace in 15 months.
Goodman Property Trust, the country's second-biggest listed property investor, has ratcheted up development plans with four new industrial projects in Auckland worth $45.8 million.
House prices in Sydney rose 15 per cent in May from a year earlier, prompting a warning of a price bubble in Australia's biggest city.
An Auckland student who became a homeowner at just 22-years-old is not a fair representation of all students, says the national students' association.
While thousands of Aucklanders despair at their chances of owning a house, a determined 22-year-old student is proof it can be done.
Surplus Crown land at Manukau, Avondale, Massey East and Hobsonville are set to be offered up to private development companies.
The agent says the price demonstrates the fierce competition among investors and developers for properties with subdividable sections.
Argosy Property reported a 25 per cent drop in annual profit, while its rental income rose, as the listed property investor returned to a tax paying position.
Banks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.
Housing Minister Nick Smith says thousands of new homes will be built as part of a planned affordable housing development on vacant Crown land.
As property prices in the area escalate by around $1000 a day, agent says owners of the brand-new $1.14m house have simply "changed their minds".
Today's Budget will unveil details of Government plans to partner with private developers to build affordable houses on Crown-owned land in Auckland.
Data released by REINZ - median national sale prices - does support the Prime Minister’s statement that house prices rose during the previous Labour government.
Nearly one in five Auckland homes are sold within two years of being purchased, the Government has been told by officials.