Property · Building · Design
Police data for 2019 shows that 77% of all crimes involving victims were property crimes. This is not limited to burglaries: unattended construction projects are a particular favourite with thieves.
Are you already tired of news reports about the booming property market and sky-high house prices? Like it or not, the latest housing confidence survey shows that the housing market will remain a hot topic heading into 2021.
The recent frenzy at auctions is well known, and auction sale prices have put many people off. For first-home buyers, soaring prices are making home ownership increasingly difficult. But buying land and building a home can also be a good option.
The land subdivision seminar series jointly presented by YIJU New Zealand and the New Zealand Chinese Building Industry Association is designed to provide comprehensive guidance across disciplines and project stages for investment, property and construction professionals interested in subdivision.
The Government encourages medium- and high-density housing, but what should happen to older homes on land awaiting development? With buying too expensive and building too much hassle, is there a relatively simple, affordable way to make a home in New Zealand? Here, a distinctive approach can solve these problems: ‘moving house’.
Encouraging medium- and high-density housing to ease the housing crisis has become an inevitable trend in New Zealand. Yet the body corporate system commonly used for these properties is significantly dampening buyers’ enthusiasm.
Businesses are eager for talent, universities need to develop graduates who meet industry needs, and research must demonstrate its value in practice. How can tertiary institutions build close relationships with businesses in related fields for mutual benefit? On 12 November, Massey University and the New Zealand Chinese Building Industry Association (NZCBIA) took their first exploratory step together.
Who is to blame for New Zealand’s high house prices and heated property market: investors, returning New Zealanders, the Government or the central bank? Whatever other forces are at work, inadequate supply is unquestionably a fundamental driver. Allowing large sections in more areas to be subdivided and building more medium- and high-density homes is no longer a question of New Zealanders’ dream of a quarter-acre section. It is an unavoidable trend for the housing market.
Is the land subdivision everyone is talking about really that easy? Are there no barriers to entry? Is funding all you need to get started? Does every purchase guarantee a profit?
Buying? Building? Living in the home yourself? Investing? Do not assume that choosing residential building materials is solely the architectural designer’s responsibility. As the person paying for, living in and maintaining the property, knowing a little more could save you considerable money and trouble later. Today, we look at exterior cladding.
The Reserve Bank of New Zealand announced last week that it would investigate whether loan-to-value ratio (LVR) restrictions could be reinstated in March next year. Shortly afterwards, major commercial banks ASB and ANZ each announced they would reintroduce LVR restrictions for property investors without waiting for the Reserve Bank’s decision. Just how hot has the property market become for banks to be so eager to respond? The Real Estate Institute of New Zealand’s (REINZ) newly released October market report may offer an explanation.
This afternoon, probably everyone in New Zealand, or at least in Auckland, was wondering the same thing: had yesterday’s confirmed community case infected anyone else? The good news is that all 3 close contacts of the confirmed case tested negative. There were no new community transmission cases today, either in Auckland or anywhere else in the country, so we can safely remain at Alert Level 1.