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Cost-of-living crisis: Building consents plunge in Tauranga amid housing shortage

Editor Written by Editor · 3 min read >

The number of new building consents in Tauranga has plummeted, reflecting a national trend and prompting concerns house prices will rise when the city is already grappling with a housing shortage.

Fewer building consents are being granted as people struggle to afford home loans amid interest rate rises and the cost-of-living crisis. The issue has prompted concerns New Zealand’s “most unaffordable city” will

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