WorldOceaniaHousing affordabilityWhat Australia can learn from New Zealand’s property crisis fixRezoning has changed the face Auckland, providing more supply for those struggling to get on the property ladder, and solving a housing crisis.Nic FildesAug 24, 2026 – 12.00pmAuckland | A decade ago, New Zealand’s biggest city was in the grip of a housing crisis.Immigration had jumped on the back of a buoyant economy, and New Zealanders returning from Sydney and London were joined by Chinese and Indian immigrants looking for work and a place to live.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In OceaniaFetching latest articlesMost Viewed In World