We have the lowest home-ownership rate in 60 years, we need to build houses.
Home ownership is indeed at its lowest in 66 years, sitting at a rate of 63.2 percent, as shown in Statistics NZ's Dwelling and Household Estimates. This rate has been steadily trending down in the last two or so decades since the historic high of 73.8 percent in 1991. The lowest home-ownership rate recorded was in 1951, with a rate of 61.2 percent.
Fact or Fiction: Do the leaders know?
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