2020 16th Annual Demographia International Housing Affordability Survey

Media Release

Demographia In The News

Hugh Pavletich In The News

 

Access New Zealand IPSOS Issues Monitors

 

 

Rising regions make NZ's housing market less affordable … Catherine Harris … Stuff NZ

 

All sectors of New Zealand housing market 'severely' unaffordable: survey … Eleanor Ainge Roy … The Guardian

 

A Look at Demographia's Latest Housing Affordability Survey … Hites Ahir … Global Housing Watch Newsletter / IMF

 

Demographia: Australian housing among world's most unaffordable … Leith van Onselen … MacroBusiness Australia

 

New survey ranks NZ's most and least affordable cities … Anne Gibson … NZ Herald

 

Tired of the traffic hassles and back-to-work blues? Thought of moving to Christchurch to get a better life and lifestyle? That city turns out to be by far our most affordable when incomes are compared to house prices.

Down south, the house prices are low but the incomes are high and out of eight areas just surveyed throughout New Zealand, Christchurch house-buyers have by far the best deal financially. …

… read more via hyperlink above …

New Zealand's biggest social scandal - Dr Oliver Hartwich, Executive Director, New Zealand Initiative

 

Ipsos NZ Issues Monitor November 2019

 

Eric Yuan, Founder and CEO of Zoom … Interview … YouTube

 

Zoom CEO's Wealth Jumps $6.6 Billion After Sales Crush Estimates … Sophie Alexander and Nico Grant … Yahoo Finance

 

Eric Yuan - Wikipedia

 

One In Four Workers Say They Are Working Entirely From Home: Gallup … Zerohedge

…How have our lives changed this past 50 / 75 years due to Malcom McLeans creation of the modern container industry ?…

Malcom McLean creates the modern container industry … VIDEO … The New York Times

 

How Judith Collins (NZ National Party Housing Spokesperson) has more in common with her arch nemesis, Phil Twyford, than one might be led to believe … Jenee Tibshraeny VIDEO INTERVIEW … Interest Co NZ

 

Whakatane teacher feeling impact of housing unaffordability 'threat to middle class' … Susan Edmunds … Stuff New Zealand

 

Kiwi homes pass $1.2 trillion in value, Core Logic says … Rob Stock … Stuff New Zealand

2 Historical Reminders…

NEW ZEALAND INFRASTRUCTURE FUNDING AND FINANCING ACT 2020

…Urban Development Minister Phil Twyford explains . essential viewing…

. in 2 1/2 minutes on Facebook . . 1st Reading . . 2nd Reading .

Councils to have less reason to say 'no' to new housing … COMMENT Dr Eric Crampton … Newsroom

…A leading legal firm explains…

Infrastructure Funding and Financing Act 2020 implemented with Simpson Grierson's help … NZ Lawyer

 

The Act represents a "significant milestone" for infrastructure funding in New Zealand, the firm says

By Jacqueline So
15 Aug 2020

The government has implemented the Infrastructure Funding and Financing (IFF) Act 2020 with Simpson Grierson's help.

The firm said that the Act is "designed to support a new special purpose vehicle funding and financing model for the provision of bulk infrastructure for housing and urban development."

"It is expected to enable a number of viable bulk infrastructure projects to proceed that would otherwise be delayed by the financing and funding constraints impacting many local authorities across the country," the firm said.

Simpson Grierson said that the legislation's implementation is a "significant milestone" for infrastructure funding in New Zealand.

"The IFF model will add another tool to the funding and financing toolkits available to many local authorities," said Josh Cairns, the firm's lead partner in working on the transaction.

Cairns said that the project has become especially important, with local authority funding and financing headroom constantly being under the pump. The economic blow dealt by the COVID-19 pandemic has also amped up the pressure in many cases.

"Ultimately, the model should help local authorities to facilitate development and keep up with demand for housing, access, and services," he said.

Simpson Grierson's infrastructure team was chosen to collaborate with the Treasury and the Department of Internal Affairs on the Act in late 2018, and has been assisting in the development of the IFF program. The team will continue to provide advice on the IFF model's implementation.

Fellow partners Jonathan Salter and Simon Vannini; special counsel David Cochrane; and senior associates Mace Gorringe, Graeme Palmer and Lizzy Wiessing remain part of Cairns's team.

National Party pledges consolidation of several existing entities into a national infrastructure "bank" to provide finance and advice for central and local government infrastructure projects … Gareth Vaughan … Interest Co NZ

National Policy Statement on Urban Development 2020 (NPS-UD) … NZ Ministry of Housing & Urban Development

 

Urban Development Act 2020 … New Zealand Government

 

MAJOR CHANGES UNDERFOOT AS THE URBAN DEVELOPMENT ACT COMES INTO FORCE … COONEY LEES MORGAN … LAWYERS

 

(The Randerson Report) Resource Management System (New Zealands Planning Law): A comprehensive review … NZ Ministry for the Environment

NEW ZEALAND . WORKING FROM HOME TRENDS…

New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand … Scoop NZ News

 

Working from home here to stay after 4 in 10 Kiwis did it during Covid lockdown … Stuff NZ

 

The Conversation: Have we just stumbled on the biggest productivity increase of the century? … New Zealand Herald

UNITED STATES . Nationally new lots (sections) median price $49,500 .. National Association of Home Builders (NAHB) reports…

Lot Values Hit Record Highs (U.S 50,000 median price per serviced Lot) … Natalia Sineavskaia … U.S National Association of Home Builders

 

Why are New Zealand houses so expensive ? … VIDEO Charlie Gates … Stuff NZ

 

Cantral Bank of Ireland - Mortgage Measures

…What do the Irish know, that the Kiwis and Aussies have yet to learn ?…

Structural Definition of an Affordable Housing Market - Performance Urban Planning

 

Federal 'Fair Housing' Policy Set for a Major Overhaul … Christian Britschgi … Reason

 

Nationalising rail networks is the 'only option' as deals stall (passenger numbers plunge 70%) … Oliver Gill … UK Telegraph (behind paywall)e

 

Rental market 'flooded' with former Airbnb properties … Susan Edmunds … Stuff NZ

 

Coronavirus: Poll shows Kiwis back harsh measures but are extremely worried about virus … Henry Cooke and Luke Malpass … Stuff NZ

 

Here's what you need to know before you consider a mortgage holiday … Susan Edmunds … Stuff NZ

 

Complicated Mathematical Models Are Not Substitutes for Common Sense … Philippe Lemoine … National Review

 

Government Salaries Explorer - The Texas Tribune

 

'Bloated salaries' at Christchurch council where 1 in 4 earn over $100k … Dominic Harris … The Press / Stuff NZ

 

OPINION … Christchurch rates: Just a little bit more? No, enough already. Stop it. … Mike Yardley … The Press / Stuff NZ

 

List of countries GDP (PPP) per capita … Wikipedia

 

Here's the typical home price in every (United States) state - and what you can actually get for that money … Business Insider Australia

Coronavirus: Selwyn considers rates freeze amid efforts to reduce Covid-19 fallout … Dominic Harris … The Christchurch Press / Stuff NZ

 

Average rents increased by more than 10% in many parts of the country in the year to March but growth was much more subdued in Auckland and Christchurch … Greg Ninness … Interest Co NZ

 

Thousands of Kiwis stop loan repayments as the financial impact of COVID-19 hits … Newshub News at 6

 

Coronavirus: Cabinet approves new legislation to fast-track resource consents and boost economy as it emerges from lockdown … John Anthony … Stuff NZ

 

Dire warnings that property development will shrink without Govt help … Marta Steeman … Stuff NZ

 

Coding that led to lockdown was 'totally unreliable' and a 'buggy mess', say experts … UK Telegraph

 

OPINION Economic vandalism destroys important legacy … Danien Grant … Stuff NZ

 

New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline … David Hargreaves … Interest Co NZ

 

U.S. homebuilder confidence rises in May … Reuters / Yahoo Finance

 

Young People Are Rushing To Leave Big Cities In Favor Of "Less Infected" Suburbia … Zerohedge

 

First home buyers in Christchurch keen despite Covid-19 economic downturn … Liz McDonald … The Press / Stuff NZ

 

Nobel Prize Winner: Lockdowns Are "A Huge Mistake" … Zerohedge

 

Neil Ferguson's Imperial model could be the most devastating software mistake of all time … UK Telegraph

 

Karl Friston: up to 80% not even susceptible to Covid-19 … Lockdown TV

 

HIGHEST SALARIES FOR SOFTWARE DEVELOPER REMOTE WORK (METRO AREAS) … WENDELL COX … NEW GEOGRAPHY

 

Learning from Levittow … Ross Elliott … The Pulse

 

How Taiwan was coronavirus-ready while the U.S. got caught with its "pants down" … CBS

 

Mike Hosking: Government is spinning bollocks over border blunder … NewstalkZB

 

Pandemic-Weary New Yorkers Spark Housing Boom In Suburban New Jersey … Zerohedge

 

The Coming Urban Exodus … Daniel Henninger … Wall Street Journal

 

Even before coronavirus, census shows U.S. cities' growth was stagnating … William Frey … Brookings Institution

 

Millennials moving to regional areas, report finds, as housing affordability and lack of commute lure them from the city … Australian Broadcasting Corporation

 

EMPLOYMENT BY CITY SECTOR, CHALLENGES AHEAD FOR DOWNTOWNS … WENDELL COX … NEW GEOGRAPHY

 

Public discussion needed on how to safely reopen NZ's borders - Sir Peter Gluckman … TVNZ

 

Since March the number of people leaving this country has exceeded those arriving by a substantial margin … Greg Ninness … Interest Co NZ

 

77% of Aussies yearn for a house with backyard (Westpac Bank Research) … Leith van Onselen … Macrobusiness Australia

 

Kiwis prioritise home with backyard over luxury features … Westpac Bank New Zealand

 

Heartland interviews Michael Shellenburger on his new book Apocalypse Never

 

'Middle-class disaster': Inner-city professionals take biggest financial hit from COVID … Charlotte Grieve … (Melbourne) The Age

 

PERSPECTIVE: U. S. COVID-19 DEATHS AND URBAN POPULATION DENSITY … WENDELL COX … NEW GEOGRAPHY

Coronavirus: The Under-40s Dilemma … Zerohedge

The future is grim for shopping malls … Leith van Onselen … MacroBusiness Australia

 

A review of things you need to know before you go home on Wednesday; the credit squeeze start to bite, big NZGB issue, AT public transport ridership dives, swaps stable, NZD firm, & more … Interest Co NZ

 

New Zealand residents have been leaving the country at a greater pace than they have been arriving back … Greg Ninness … Interest Co NZ

 

Ipsos NZ Issues Monitor July 2020

 

A Look Inside The $52 Trillion Bubble That Has "Hijacked China's Economy … Zerohedge

 

In China's Surging Property Market, Falling Rents Point to Economic Pain … Jonathan Chen … Wall Street Journal

…The important Matthew Pottinger, Nelson, NZ. Countries Housing Inflation Live Graph from 1980 . data The Economist

…essential viewing…

Australia takes silver medal (New Zealand a disgraceful gold) in global house price (inflation) race … Leith van Onselen … MacroBusiness Au

 

OPINION: Tenancy changes a recipe for trouble … Mike Yardley … Stuff New Zealand

 

Lack of affordable housing forcing Wellington tertiary students to drop studies or leave capital … Damian George … Stuff NZ

 

Survivor City: I live on $246 a week in Christchurch. Friends in Auckland pay more in rent … Steven Walton … Stuff NZ

 

Regional rents tighten as tenants flee CBDs … Nila Sweeney … Australian Financial Review

 

Construction crisis: 'sinking' buildings and dangerous cladding | 60 Minutes Australia

 

Buyer Beware … 60 Minutes Australia

 

NSW planning minister admits high density wrecks liveability … Leith van Onselen … MacroBusiness Australia

 

Inquiry. The Great British Housing Disaster (Adam Curtis, 1984) … BBC / Youtube

 

Coronavirus: Nearly two-thirds of Auckland's COVID-19 border, isolation staff had never been tested a week ago … Michael Morrah … Newshub

 

Migration's impact on housing demand is now almost negligible, which should ease housing supply pressures over coming months … Greg Ninness … Interest Co NZ

 

"Ghost Town": Shocking Dystopian Video Of NYC Shows An Abandoned And Boarded Up 5th Avenue … Zerohedge

 

Nolte: Retail and Restaurants Flee Democrat-Run New York Forever … Breitbart

 

Mortgage deferrals hammer Aussie banks … Leith van Onselen … MacroBusiness Australia

 

'Staggering' number of households behind on their mortgages (in New Zealand) … Rob Stock … Stuff NZ

 

4 Corners demolishes Andrews (Victoria, Australia) Government … Leith van Onselen … MacroBusiness Australia