housing crisis

PHOTO: Jacinda Adern & NZ housing crisis | GETTY

Jacinda Ardern says one of the things that sets her Government apart from the National Party is Labour’s concern over skyrocketing house prices.

The median house price in Aotearoa recently hit $750,000, and in Auckland it’s soared past $1 million.

In an interview with The AM Show on Monday, Ardern said she “has concerns” about New Zealand’s housing market.

“I don’t want to see this ongoing escalation that is making it increasingly difficult to get first home buyers into houses, and that is something we’re concerned about – and that’s a different view to the previous Government.”

She says when National were in Government “there was not particularly a view that escalating house prices were a problem”.

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