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Housing bubble: How can we fix the housing crisis?

Last updated 13:25 30/11/2016
Property, real estate, house
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What's the solution to fixing the over-priced and under-supplied housing market?

Housing bubble: How can we fix the housing crisis?

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Home sweet home is out of reach for many Kiwi families. 

From a shortage of supply through to soaring prices locking out first-time buyers (forty-one per cent of Auckland's housing now tops the million-dollar mark), and all the way to increased homelessness and a shortage of social and emergency homes, the Government has struggled to get on top of the issues.

We don't have enough houses and many of the ones we do have are too expensive for most people.

Stuff's 'Blowing Bubbles' series is looking at house price inflation in New Zealand. The series asks: Is there a housing bubble? If so, when will it burst? And, what would happen if it did?

What do you think the solution is? Building more houses, keeping interest rates down, government subsidies?

What did you do to get on the property ladder? Do you have advice for those struggling to buy their own home?

Let us know what you think should be done to fix the problemTo contribute your thoughts, hit the green button below.

As always, we ask for submissions of at least 250 words or more.


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