I gave a talk in Nelson last night on housing issues. It was largely a rework of material I’ve used before (posted here and here) so I won’t post the text here. I’m not sure the speech quite hit the mark for the audience, but as always when I put together a presentation I find that I learn something in the process, or some things come together more clearly in my own mind.
By Auckland standards, Nelson-Tasman house prices aren’t that high. In real terms, house prices are still lower than they were in 2007. But a median house price of around $400000 against a median household income of not much over $60000 reminds us just how high price to income ratios are across most of New Zealand (my old home town of Kawerau remains an unattractive exception). Most of the “problem” is in the land.
As I often…
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Utopia, you are standing in it! 
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