What’s happening in beautiful New Zealand is a tragedy
This small country has the worst housing crisis in the entire Western world.
Many young people are becoming homeless
Hannah, 32, has two degrees and a master’s in economics and finance.
She has also been in transitional housing three times in the past three years.
https://www.stuff.co.nz/nz-news/360780255/out-options-and-desperate-i-had-nowhere-else-go
1 in 1000 citizen is now homeless:
Yet it’s not like the country doesn’t have money. They have money. For cars.
New Zealand is the most car-dependent country in the world:
https://www.autocar.co.nz/study-suggests-new-zealand-is-the-most-car-dependent-country-in-the-world/
They are spending billions on cars, roads, highways, car insurance, tunnels, giant parking lots:
They are literally using their economy to encourage cars instead of housing.
It’s so sad
I’m so confused by that graph. What is it meant to communicate?
Yeah, it is confusing. x is proportional to number of houses per person, y is proportional to the change in number of houses in the last decade. For example, New Zealand doesn’t have enough houses per person and has fewer houses per person compared to ten years ago.