Affordable Housing in New Zealand

Tiny homes, once considered romantically fringe, are fast becoming part of mainstream thinking by those looking for more affordable housing options and sustainable ways of living. Embracing the beauty of small has clear advantages:


affordable

Not only are tiny homes less expensive to buy than bigger homes they’re much cheaper to run. Built with energy-efficiency in mind, tiny home owners consume less power.

debt reduction

A smaller outlay means less debt and the potential to rationalise your spend. You may wish to use the savings made on your tiny house purchase to offset the price of a land you're buying.

expandable 

Start small and grow to meet your needs, modular tiny home designs, as in container homes, enable you to add on as required.

flexibility

There are so many advantages to going tiny. How about starting off with a Genuine Tiny Home in the backyard? They’re transportable so by the time you’ve found your own patch of land you have a home that’s ready to move.

When it comes to tiny houses the number of people who ask why? is being rapidly drowned out by those asking why not? Tiny Homes offer a genuine alternative to our current housing problems.

For those who grew up believing the kiwi dream that if you worked hard, everyone could buy a home, the current property market is anathema. Buoyed by strong demand and a significant shortfall of new homes, particularly at the lower end of the market, house prices and rentals continue to climb beyond the reach for many. New Zealand is now one of the least affordable places to buy a home in the world with the price to income ratio said to be more than seven times the average income.

Add to that mix covid-19 and resulting low interests rates and you have a market skewed in favour of those who already own property or with spare cash to invest; if you aren't lucky enough to be in that position you're likely to be left out in the cold.

According to current estimates, New Zealand needs another 100,000 new homes to relieve pressure on the housing market. But new builds are achingly slow and too often priced towards a lifetime of debt repayments. Little wonder that those struggling to get onto the property ladder are looking for better alternatives.