2 ms·
> The state of housing in NZ is indeed abysmal; I don't know why it's so bad. > Being a small isolated country probably plays part in the high cost of living;
by Grimburger 4y ago
> The state of housing in NZ is indeed abysmal; I don't know why it's so bad.
> Being a small isolated country probably plays part in the high cost of living; not so easy to import (or export) physical goods.
It's got nothing to do with the cost of goods or labour. NZ house prices are basically all zoning, the underlying cost of building a house is nothing compared to the value of the land while there's empty fields surrounding it that you can't even park a caravan on.