Land tax plan by 2017?
A land tax on offshore owners of New Zealand houses could be in place by next year, Prime Minister John Key says.
A land tax on offshore owners of New Zealand houses could be in place by next year, Prime Minister John Key says.
Prime Minister John Key says he'll tackle foreign buyers if he needs to and New Zealanders overseas could be included.
Prime Minister John Key is considering a land tax on foreign-based house buyers if there is evidence they are pushing up New Zealand house prices.
A top New Zealand property expert opposes a land tax and says a stamp duty is a far better option.
Investors chasing capital gains in Auckland property market are making it harder for first-home buyers to afford a house. Andrew Laxon outlines problems.
Auckland's runaway house prices have made an average home in the city more expensive than Sydney.
COMMENT: What's happening in Auckland is a slow-motion disaster. And it is not a zero sum game. Many are benefiting while we watch others lose out.
From low incomes to high, young and old, Aucklanders and Southlanders - many Kiwis are feeling the effects.
John Key says the Government is waiting for better data on whether there is a problem with overseas buyers purchasing houses.
When Vicki and Mike Crosby's daughter and her partner started looking for a house, Mum and Dad put up their hands to help.
A real estate agent sacked after on-selling two pensioners' home for a $725,000 profit faces two misconduct charges that also relate to on-selling property.
Only women will be able to rent and live in the 10 single-bedroom apartments in Glenholme, and although the properties are still being renovated, four women have signed on the dotted line.
COMMENT: You'll not often find a five-double-bedroom, two-bathroom home in Auckland for this price, writes Heather du Plessis-Allan.
A young couple who were told they would qualify for an $8000 govt grant to help buy first home are in shock after finding out they can only get half that.
INTERACTIVE: Discover how many properties are within your price range, around the country.
Geoff and Elizabeth McKenzie didn't expect to have all their children back home in their twenties and thirties but it's a reality they have been happy to adjust to.
Experts believe Auckland's housing crisis may be lowering city's birth rate, as young adults shut out of buying homes are forced to live with parents.
Our forebears came to NZ to escape perpetual tenancy and have property of their own. That has been the Kiwi dream and there is no reason to give it up now.
An agent helping two pensioners sell their home has been sacked after buying the property for $530,000 and selling it for $1.255 million in just four months.
Rotorua's first female-only apartment block is getting such interest developers are already looking for a site for a second one.
COMMENT: I read advice from a mortgage broker saying house hunters just need to give up their Sky TV to be able to buy a home, this enraged me.
House hunters who say they can't afford to buy a home in Auckland need to give up Sky TV or expensive cars and just save harder, says a mortgage broker.
House prices in Auckland have risen so fast that many single people on ordinary incomes now find it impossible to buy a first home on their savings.
It promised to be an affordable and modern entry into the Auckland property market but a developer has pulled the pin on a town-house project.
They're supposed to be Auckland blocks of land designated 'special' to boost the city's housing supply, instead they're being traded like horses.
Auckland renters are facing bleak times, with steep rent rises looming as a result of the city's housing crisis.
Remuera home owners may not like it, but three-storey apartments in the suburbs offer the last real chance at housing affordability in Auckland.