WELLINGTON, Aug 2 — New Zealand’s housing crisis is having a “punishing impact” on marginalised communities and leaving many people homeless, the human rights commission said today as it launched an inquiry into the country’s red-hot property market.
“The housing crisis in Aotearoa is also a human rights crisis encompassing homeownership, market renting, state housing and homelessness,” New Zealand’s Chief Human Rights Commissioner Paul Hunt said in a statement using the country’s indigenous Maori name.New Zealand’s pandemic-inspired policies have translated into cheaper mortgages, allowing affluent “kiwis” to upsize their homes and build up portfolios of rental investment properties, fuelling a further surge in house prices.
The median house price in the biggest city Auckland has increased by 25 per cent to NZ$1,150,000 in June this year from NZ$920,000 last year.The United Nations Special Rapporteur on adequate housing, Leilani Farha, said in her report in June that consecutive governments have failed to ensure that the housing market meets the needs of the people.
The rising inequality inflamed by the housing crisis is arguably the biggest political challenge facing Ardern’s centre-left Labour-led government. The 41-year-old’s popularity soared with her response to the pandemic that kept nationwide cases to barely 2,500 and led to an emphatic election win last year.
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