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Mark Kirby, Construction Industry Consultant, Auckland University of Technology

NZ has a $2.5b building defect problem. Will self-certification make it better or worse?

Hannah Peters/Getty Images

New Zealand has no shortage of stark statistics that illustrate the scale of its housing crisis.

Its average house value currently amounts to nearly six times the average household income. Around 20,000 households remain on the social housing waiting list, while the government spends billions of dollars each year on temporary accommodation.

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