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Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after ...
Flat Bush (also known as Ormiston or Flatbush) is a southern suburb in the city of Auckland, New Zealand. It has recently become one of the city's largest new planned towns after being developed as a rural area of Auckland for several decades. Located east of Ōtara, plans for substantial expansion began under the Manukau City Council ...
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
The Overseas Investment Amendment Act 2018 is a New Zealand bill that amends the Overseas Investment Act 2005 to ban most non-resident foreigners from buying existing houses, [ 1] by classifying them as sensitive land and introducing a residency test. Australian citizens are exempt from this rule as they are considered New Zealand residents per ...
When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses.
Metropolis. [1] Metropolis is a 40-storey residential / hotel skyscraper in the Auckland CBD of Auckland, New Zealand, developed in 1999 by Krukziener Properties. Commended for its style and quality, the NZ$180 million cost of its construction also led to major financial fallout. [2] Metropolis is considered one of Auckland's most exclusive ...
The Real Estate Authority (REA), formerly the Real Estate Agents Authority (REAA), is the New Zealand Crown entity responsible for the regulation of the New Zealand real estate industry as well as the agents within it. [4]
Simon Moutter, Board Chairperson [3] Andrew McKenzie, Chief Executive [3] Website. www .kaingaora .govt .nz. Kāinga Ora, officially Kāinga Ora – Homes and Communities, [4] is a Crown agency that provides rental housing for New Zealanders in need. It has Crown entity status under the Kāinga Ora–Homes and Communities Act 2019.