Auckland’s housing shortage continues to worsen

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By Leith van Onselen

The New Zealand National Government’s single-minded focus on solving Auckland’s housing crisis by boosting supply continues to fail.

Today, Statistics New Zealand released figures showing that construction momentum has continued to slow in Auckland, with just 885 dwelling consents issued in May and 10,379 issued over the year, with a downward trend clearly evident:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.