The average house price in New Zealand is over a million dollars. It’s more if you want to live in a city. It’s entirely unsustainable from a social stability perspective. To give one example, NZ’s zero covid approach failed because it got into overcrowded houses, emergency motel housing, and marginalised communities.

This puts NZ’s housing development on the same sort of trajectory as Melbourne. It was passed with support of both major parties. The opposition leader, our blue party, explicitly said this was a measure to stave off more radical change.