Rising house prices shut more first-home buyers out

First-home buyers in Auckland are earning only about half as much as the daily increase in house prices, and are being increasingly shut out of the market, the Green Party said today.

REINZ house price data released today showed the median Auckland house price rose $500 every day in June, to a new high of $821,000.

“First-home buyers who had scraped together a deposit a month or two ago now won’t have enough and will have to keep saving,” Green Party Co-leader James Shaw said.

“A family on the median Auckland household income earns about $240 a day, but the median Auckland house price is rising $500 a day.

“This is a grossly unfair, unsustainable, and unacceptable situation.

“National’s council infrastructure loans aren’t going to do anything today to help those young families watching as the median price keeps rising while their savings are worth less and less in comparison.

“We need stronger action to tackle property speculation so that first-home buyers get a fair go.

“When people like investment banker Stephen Jennings are speaking out to say our ‘unfair’ tax system is part of the problem, surely it’s time for a proper capital gains tax (excluding the family home).

“The Government also has a responsibility to step into this broken housing market and build thousands of affordable homes,” said Mr Shaw.

Action

MACA Submission Guide

Make a Submission now - Marine and Coastal Area Amendments Bill.

Action

Build Dunedin Hospital

Take our poll on how the Government should spend its money, and email Christopher Luxon telling him your thoughts.

Action

Oil & Gas Quick Submissions 2024

Sign the quick submission to save the oil & gas ban!

Action

Stop Fast-track Destruction

Join our call to stop the Fast-track Approvals Bill.

Action

Bird of the Year

Send Christopher Luxon an email letting him know that his fast track to environmental ruin is not something Aotearoa signed up for.

Action

Protect te reo Māori

Sign our petition asking Minister Erica Stanford to keep prioritising the teaching of te reo Māori.

Action

Emissions Reduction Plan Submission Guide

Submit today on the Government's inadequate Emissions Reduction Plan.

Action

Safer Speeds Petition

Sign our petition asking Christopher Luxon to keep our roads safe.

Action

Cut the Coal Petition | Join the movement

Fight back: Tell the government that coal mining is not our future.

Action

Protect Our Freshwater

Join our Green MPs in calling for the government to protect freshwater. Proposed changes to the Resource Management Act threaten New Zealand's...

Volunteer

The Greens are proud to be driven by passionate people like you. Today we need your help to take action on the biggest issues facing Aotearoa. Volu...

Action

Save Auckland's Climate Budget

Sign the petition to stop Mayor Wayne Brown's proposal for dangerous cuts to climate and environmental programmes that protect us from extreme weat...

Action

No New Mines 2023

Action

Expand Voting

Now more than ever, young people in Aotearoa are impacted by Government decisions, and they deserve to have a say. We are calling on all Members of...

Action

End Intensive Winter Grazing

Sign the petition to Labour Ministers, to move faster in bringing regulations into force and end intensive winter grazing.

Action

Trains for Climate

Add your name to our open letter urging the Minister for Finance Grant Robertson to save our passenger trains between Wellington, the Wairarapa and...

Action

Healthy Oceans 2022

Join our Healthy Oceans Crew to help us keep the health and protection of our oceans high on the Labour Government’s political agenda.

Action

It's time: A Ministry for Rainbow Communities

Join our call asking the Prime Minister to establish a Ministry for Rainbow Communities that can champion Rainbow issues.

Action

Allow community ownership of our buses

Public transport is an essential service and helps to tackle the climate crisis by reducing our carbon emissions. But there are barriers to communi...

Action

Local Events

We have activists across Aotearoa / New Zealand who are working hard to build a brighter future for our kids and grandkids. This page lists upcomin...

Latest Auckland Issues Announcements

Story

Waka Kotahi miss the boat on community needs for Waiheke ferry services

Auckland Central Green MP, Chlöe Swarbrick, this morning received a long awaited OIA with official advice and consultants’ reports on whether to re...

A new life for St James Theatre

After years of community organising, Green MP for Auckland Central Chlöe Swarbrick is thrilled to announce today alongside Deputy Prime Minister Ho...

Auckland flood response report requires urgent action

Auckland Central Green MP Chlöe Swarbrick welcomes the findings of the Auckland Flood Response Review and urges Council to not delay implementing t...

Greens launch submission guide for Auckland Council budget

The Green Party has today launched a submission guide to help Aucklanders give crucial input and prevent potentially disastrous Auckland Council bu...

Greens launch petition to stop Auckland Council climate action cuts

The Green Party has today launched a petition to stop Auckland Mayor Wayne Brown’s proposed cuts to climate and environmental programmes that prote...

Hauraki Gulf in urgent need of protection

The Green Party backs the demands of Forest and Bird and calls on the Government to take urgent action to restore the health of the Hauraki Gulf/Tī...

Story

Let’s build better, warmer, and climate-friendly

The Government must take steps to ensure that the way we build our homes is helping to meet New Zealand’s climate change targets, the Green Party s...

Sustainable buildings and warm dry homes

Everyone has the right to a warm, dry home. Instead, housing in Aotearoa often makes us sick from damp and cold. In Aotearoa, much of our housing s...

National would rather save landlords some cash than look after sick kids: Green Party

The National Party is more concerned about the back pocket of property investors than sick kids and the elderly, Green Party Co-leader Marama David...

Stop charging homeless people for emergency housing

The Green Party is calling for the Government to stop sending homeless people into thousands of dollars of debt with the Ministry of Social Develop...

Green Party: Building code out of date and won’t ensure warm, dry homes

In response to calls for a compulsory energy rating for buildings the Green Party is renewing calls for the building code to take better account of...

Green Party calling for bold steps to tackle issues in Salvation Army report

The Green Party agrees with the Salvation Army that bold new steps are needed to stop a worrying trajectory of increased rent rises and homelessnes...

Story

PREFU shows efforts to keep us all healthy, now we need to revenue raise

PREFU has given a good insight into what was required to ensure New Zealanders were largely supported to continue work and remain healthy during CO...

Sustainable business

In the wake of COVID-19, we must empower small businesses in Aotearoa to flourish, create new jobs, and support their local communities. The Green ...

Sustainable jobs

A sustainable economy means good working conditions and fair distribution of the benefits of our natural resources. As we respond to the disruption...

High tech economy

A strong manufacturing and technology sector will create jobs in low-emissions industries and ensure we can sell Aotearoa’s skills to the world. Th...

Green Party welcomes first Wellbeing Budget

“The Green Party is proud to welcome New Zealand’s first Wellbeing Budget to deliver change for New Zealanders,” Green Party Co-leader James Shaw s...

Wellbeing: We need to change how we see our economy

“The Wellbeing Budget is a first step in changing the way we look at the economy and our place in it”, said Green Party Co-leader Marama Davidson. ...