It pains me to hear the phrase "housing crisis". It's kind of like putting a jar of honey in the freezer and then whinging about how hard it is to spread.
In the past individuals could build their own house, communities would come together and help families build homes. Builders operated as small businesses building quality homes with local materials. They literally built their reputation on the quality of what they built and succeeded or failed on those merits.
Modern building is a much different game. Builders are more often simply branches of much bigger companies or franchises. They build identical houses all over the country with highly processed materials that are yet to withstand the test of time.
The benefits of this system are not felt by those buying or building these homes; instead by investors and shareholders who contribute nothing. But lets not forget the council who pocket upwards of $20k just on consents and red tape in many regions.
Not an article you'd find in the Herald.
Let's hope the Capital Gains Tax fixes it...
In the past individuals could build their own house, communities would come together and help families build homes. Builders operated as small businesses building quality homes with local materials. They literally built their reputation on the quality of what they built and succeeded or failed on those merits.
Modern building is a much different game. Builders are more often simply branches of much bigger companies or franchises. They build identical houses all over the country with highly processed materials that are yet to withstand the test of time.
The benefits of this system are not felt by those buying or building these homes; instead by investors and shareholders who contribute nothing. But lets not forget the council who pocket upwards of $20k just on consents and red tape in many regions.
Not an article you'd find in the Herald.
Let's hope the Capital Gains Tax fixes it...
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