New Zealand has faced a housing affordability crisis similar to the United States, yet the Kiwis have it worse due to their smaller size and fewer metropolitan areas.
Federal government intervention in New Zealand successfully prompted local governments to ease regulations, leading to 43,000 housing permits in Auckland and a notable rent reduction.
Local turfs often impede housing solutions in the U.S., but New Zealand’s experience suggests that federal involvement can effectively drive local action towards housing construction.
Eleanor West argues that by learning from foreign housing crises, such as New Zealand, the U.S. can better tackle its own housing affordability issues.
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