Kōrero: Housing and government

Housing tenure (2 o 2)

In the early 20th century the number of New Zealanders renting and owning their dwellings were reasonably evenly matched. Government initiatives to encourage a property-owning democracy – through cheap state mortgages and other subsidies – saw home-ownership rates skyrocket in the 1920s. They fell during the 1930s economic depression, then rose steadily, peaking at 73.8% in 1991. Since then home-ownership rates have declined. The reasons included increased housing costs, lower housing subsidies, and young people delaying settling down and having children. By the 21st century the ideal of a property-owning democracy was in retreat.

Te whakamahi i tēnei tūemi

Te Ara – The Encyclopedia of New Zealand

Source: Statistics New Zealand, Census data 1916–2013

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

Ben Schrader, 'Housing and government - A property-owning democracy', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/graph/32431/housing-tenure (accessed 14 July 2020)

He kōrero nā Ben Schrader, i tāngia i te 20 Jun 2012