11 Views· 09 February 2022
N Zealand housing crisis: Prices surge more than 20% in the last year
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A surprise surge in house prices since the start of the pandemic has put homeownership out of reach for many, while investors are making huge profits.
In New Zealand, house prices have shot up twenty percent.
Now the government is paying a million dollars a day to house the homeless in hotels.
Wayne Hay reports from Auckland in the first of Al Jazeera's four-part series on the rising cost of housing.
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Film & Animation
Music & Arts
Pets & Animals
Sports & Outdoors
Travel & Events
Gaming
People & Vlogs
Comedy
Entertainment
News & Politics
How-to & Style
Design & Creativity
Homes & Real Estate
Autos & Vehicles
Education
Science & Technology
Fashion & Beauty
Cooking & Foodie
TV & Drama
Products & Reviews
Health & Wellbeing
Brand & Premieres
Documentary
Local Business & Services
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