New Zealand human rights commission launches inquiry into housing crisis ...Middle East

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New Zealand human rights commission launches inquiry into housing crisis
source : Devdiscourse ( Middle East ) () 19
New Zealand's Human Rights Commission on Monday launched an inquiry into the country's housing crisis as cooling measures by the government this year have failed to ease a red-hot property market, leaving many people homeless. Property prices in New Zealand have soared by the most among OECD nations in the past 12 months, rising about 30%, as investors cashed in on historically low interest rates and cheap access to capital under the government's pandemic-inspired stimulus spending.

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