New Zealand is grappling with a significant challenge: we are simply not building enough houses to keep pace with our population growth. This issue, often discussed in forums like Property Pulse and Eco-Pulse, is a key driver behind the current shifts in the housing market and the sharp rise in rental prices.
Mike Jones – Chief Economist BNZ: ‘We reckon we’ll need an extra 45-50k residential dwellings this year to accommodate the record population growth we’re seeing”
