Fixing the housing crisis

the role of intergenerational policy design in addressing the issues

  • Nick Wilson

Abstract

This article looks at the intergenerational issues associated with housing in New Zealand. Election year is again upon us (Covid-19 permitting) and, with the problems surrounding KiwiBuild, housing affordability is under the spotlight. It is no secret that New Zealand has a housing affordability problem and many causes are feeding this.


Two of these causes – capital taxation inconsistencies and infrastructure issues – will be the focus of this article. Inconsistencies in the taxation of capital income are a major source of the problem, causing intergenerational transfers from younger to older generations. A land tax is a possible solution. Complementary policies targeted at addressing infrastructure bottlenecks also have an important role to play.

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Published
2020-05-11
How to Cite
WILSON, Nick. Fixing the housing crisis. Policy Quarterly, [S.l.], v. 16, n. 2, may 2020. ISSN 2324-1101. Available at: <https://ojs.victoria.ac.nz/pq/article/view/6477>. Date accessed: 11 aug. 2020. doi: https://doi.org/10.26686/pq.v16i2.6477.