Jacinda Ardern’s flagship KiwiBuild policy labelled ‘a failure’ amid delays and claims homes are too expensive

Jacinda Ardern’s flagship housing policy is in dire straits after the government admitted it won’t meet its target of building 1,000 affordable homes in its first year – and is set to fall short by 700.

New Zealand house prices are among the most unaffordable in the world, with Auckland the seventh most expensive city to buy a home, and all three major cities considered “severely unaffordable” by the latest Demographia international housing affordability survey.

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Read More New Zealand housing crisis: just 47 ‘affordable’ homes built in six months

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