Despite immigration fall, NZ housing shortage worsens

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By Leith van Onselen

New Zealand’s chronic housing shortage continues to worsen, especially in Auckland, despite dwelling consents rising and immigration falling.

There were 11,629 dwelling consents issued across Auckland in the year to April (up 14%), and 32,015 consents issued across New Zealand over the year (up 5.4%):

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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.