Housing MInister Chris Bishop sets 'long-term' price target of three to five times household incomes
I VERY much doubt the economic competence of the new government. First Seymour wants to move massive amounts of money from poor to rich, now Bishop lives in cloud kuckoo land. Median income is $66,200 per year in 2023, so 50% earn less, 50% more (sometimes MUCH more). 3-5 times of that is $200,000-330,000. Even if they decide to give the land away for free you can’t build a house for that. And Bishop MUST know that. If they assume two full earners (aka the better off ones) it’s $400,000-660,000 for a house (including land) - which developer can provide that? So the government would need to build the houses - massively subsidised by the tax payer … which they don’t want to do.
So HOW can Bishop spout such nonsense???
From mortgages.co.nz...
In October 2023, BNZ published a report comparing New Zealand’s median section price, plus consented new-build cost, with the median price for an existing home each year. Using these median values, it has nearly always been more expensive to build, except for 2021-2022 when existing house prices rose sharply before falling again. As median building costs continued to rise into 2023 and 2024, building became significantly more expensive than buying an existing home.
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Handwriting is a timeless form of expression, fostering individuality, it’s a forgotten necessity which is a crucial for kids as it develops fine motor skills ,boosts memory, cognitive abilities and fosters creativity and self expression..
Specialist doctor shortage: More than a third of adults not getting healthcare they need
More than a third of adult New Zealanders are not getting the healthcare they need, a new study by the senior doctors union has found.
Patients who need specialist care were being left “in limbo” with their GPs, while the number of people turning up to emergency departments in life-threatening situations is growing.
The report by the Association of Salaried Medical Specialists used official data including patient surveys, wait lists for non-surgical care and information about the number of people referred to a specialist but declined care.
About 1.75 million people were missing out on dental care, while 329,000 and 55,000 children were not getting the treatment they needed for mental health or addiction, it said.
The number of people who did not receive specialist care within four months was six times higher in September last year than in July 2019, it found.
In an editorial on the study in the New Zealand Medical Journal, the authors said that had big implications.
“As access to hospital specialists declines, growing numbers of patients are left in limbo under the care of their GPs, adding further to the pressures on access to primary care services, and risks patients’ condition deteriorating and quality of life worsening,” they said.
The report said the number of people turning up to hospital emergency departments has grown by 22 per cent in the nine years to 2023.
And the proportion of them arriving with immediately or potentially life-threatening conditions has grown from a half to two-thirds, it said.
The union said the situation was much worse than in comparable European countries and urgent investigations were needed.
It said any change needed to be much wider than just the health system, addressing the problems that could contribute to bad health including poverty.
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