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Last Sunday, Wellington mayor Andy Foster joined a protest at a housing development at Shelly Bay. Wearing suit and tie, he pitched tents to support the occupation but then later told media he thought it was merely a “community gathering.” Regardless, Foster’s attendance at the protest was inescapably seen as going against his own council, which days earlier voted to support the $500 million project. Read more
Oliver Hartwich wrote an open letter to Mike Hosking in the NZ Herald taking aim at some of the radio host’s recent comments on housing. They discuss their different point of views in Mike’s radio show on Newstalk ZB. Read more
On this Quick Take podcast, Oliver Hartwich explains his open letter to Mike Hosking. The radio host’s position that the government has nothing to do with fixing the housing crisis is unhelpful and misses that governments – over the last decade – are responsible for the skyrocketing prices. Read more
Dear Mike, In a country where people often hold back opinions for fear of offending others, your breakfast show is a refreshing exception. I am a fan of your clarity and boldness (though, sadly, we still haven’t met). Read more
Air compressor tanks come with a maximum pressure rating. The things are built to handle pressure, but only so much. Read more
Real Estate Institute figures show median house prices across the country rose by nearly 20 percent - and hit a million dollars in Auckland. David Law explains to Andrew Dickens on Newstalk ZB why other factors are more likely to play a part. Read more
In a recent interview on Newstalk ZB, prime minister Jacinda Ardern said New Zealanders coming home after Covid-19 was a major factor in record levels of home lending. Oliver Hartwich explains to Mike Hosking why it is not correct to draw a straight line from high house prices to net migration. Read more
Prime minister Jacinda Ardern dipped her toe into the debate over rising house prices by suggesting returning Kiwis are mostly to blame for skyrocketing house prices. Ardern is wrong to point the finger at returning Kiwi’s. Read more
New Zealand has long struggled with housing affordability. Since 2000, real house prices nearly trebled. Read more
Wellington, 12 November 2020 - The prime minister is wrong to just blame returning Kiwis for rising house prices, according to a research note by the New Zealand Initiative. During an interview with Mike Hosking last week, prime minister Jacinda Ardern said New Zealanders coming home after Covid-19 was a major factor in record levels of home lending. Read more