New Zealand scraps target for 100,000 affordable homes to handle crisis
Wellington, New ZealandReuters New Zealand, facing a shortage of affordable housing, scrapped its target to build 100,000 homes in 10 years as “overly ambitious” on Wednesday and reset some policies for grappling with what it calls a crisis. Housing Minister Megan Woods unveiled measures that include a $NZ400 million funding for ownership schemes like rent-to-buy […]