ASSIGNMENT:

How can we fix the housing crisis?

Last updated 16:07 20/11/2013
Waikato house sales
FAIRFAX NZ

FIXING HOUSING: What's the solution to fixing the over-priced and under-supplied housing market?

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Home sweet home is a lovely ideal but out of reach for many Kiwi families. How can we get more of them into their own homes?

House prices are rising in most places. It's now harder for first-home buyers with small deposits to get a mortgage, and interest rates are set to rise from early-to-mid next year.

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

None of which paints a rosy picture for the country's housing market or would-be home buyers.

What's the solution: building more houses, keeping interest rates down, giving government subsidies...there are many options.

Let us know what you think should be done to fix the problem.

To contribute your thoughts, hit the green button below.


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