New Zealand is not really suffering from an “inequality crisis” but instead a crisis of rising housing costs hurting the poor more than the rich, a think tank report says.
“Rising house prices have made homeowners richer while those in poorer socio-economic groups are having to pay an increasing share of their income on housing.”
“We feel strongly that a modern society and affordable housing do not have to be mutually exclusive, as long as the government is willing to act.”
Read more here: http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11730940
Recent Comments