1 00:00:00,120 --> 00:00:04,000 Speaker 1: Ghost houses. Would a tax on these houses work to 2 00:00:04,080 --> 00:00:06,840 Speaker 1: fix the problem. Choe Swallbrick has previously said that she 3 00:00:06,880 --> 00:00:09,560 Speaker 1: would be in supportive one. You've got some housing charitable 4 00:00:09,560 --> 00:00:12,720 Speaker 1: trusted being supported one. More than one hundred thousand houses 5 00:00:12,760 --> 00:00:16,320 Speaker 1: were empty in the latest census, the so called ghost houses. 6 00:00:16,360 --> 00:00:19,280 Speaker 1: Brad Elson is the Informetric's principal economs. He's with us 7 00:00:19,280 --> 00:00:22,160 Speaker 1: this morning, Brad, Good morning, good morning. Good to have 8 00:00:22,200 --> 00:00:25,320 Speaker 1: you on the show. So is this all like evil 9 00:00:25,440 --> 00:00:29,440 Speaker 1: rich people sitting on houses of vacation homes or what 10 00:00:29,560 --> 00:00:29,960 Speaker 1: are they? 11 00:00:31,080 --> 00:00:32,920 Speaker 2: Well? And this is the thing often we don't have 12 00:00:33,000 --> 00:00:35,120 Speaker 2: that good of an idea. Every five years in the 13 00:00:35,159 --> 00:00:37,239 Speaker 2: census we get a bit of an update on what 14 00:00:37,280 --> 00:00:40,400 Speaker 2: we call unoccupied dwellings, so dwellings that had no one 15 00:00:40,400 --> 00:00:43,080 Speaker 2: in them on census night. And we know that looking 16 00:00:43,120 --> 00:00:46,680 Speaker 2: through the numbers, around about half of those were where 17 00:00:46,680 --> 00:00:48,519 Speaker 2: people do live in them, they just weren't there on 18 00:00:48,600 --> 00:00:53,159 Speaker 2: Census night. The other remaining portion, which is like you say, 19 00:00:53,159 --> 00:00:56,880 Speaker 2: around about one hundred thousand we're empty on sensusnight and 20 00:00:57,480 --> 00:01:00,200 Speaker 2: don't normally have anyone living in them. But there is 21 00:01:00,360 --> 00:01:02,680 Speaker 2: a variety of reasons that could be. They could be 22 00:01:02,760 --> 00:01:07,480 Speaker 2: holiday homes or batches. They could be because they're undergoing renovations. 23 00:01:07,760 --> 00:01:09,880 Speaker 2: Looking through some of the figures, some of the biggest 24 00:01:10,160 --> 00:01:13,160 Speaker 2: are the areas that had the biggest increase in so 25 00:01:13,280 --> 00:01:16,160 Speaker 2: called ghost homes or completely empty dwellings were in the 26 00:01:16,280 --> 00:01:19,320 Speaker 2: likes of Auckland, Gibson, and Hawk's Bay. And what that 27 00:01:19,400 --> 00:01:21,600 Speaker 2: leads me to believe is that actually there's a not 28 00:01:21,760 --> 00:01:25,440 Speaker 2: insignificant part of those apparent ghost homes that will probably 29 00:01:25,520 --> 00:01:28,960 Speaker 2: cyclone damage, that have a flood damaged, or particularly in Auckland, 30 00:01:28,959 --> 00:01:31,360 Speaker 2: they might well have been homes that had recently been 31 00:01:31,400 --> 00:01:34,400 Speaker 2: built but hadn't quite moved on yet. So I really 32 00:01:34,440 --> 00:01:36,000 Speaker 2: don't know if we're actually going to be able to 33 00:01:36,120 --> 00:01:39,920 Speaker 2: tax something that we can't normally see. It's a big project, 34 00:01:39,920 --> 00:01:41,960 Speaker 2: big proposal that people talk about, but I'm not sure 35 00:01:41,959 --> 00:01:44,479 Speaker 2: we could actually have the information to do it no good. 36 00:01:44,680 --> 00:01:47,600 Speaker 1: It sounds like a too hard basket situation. And do 37 00:01:47,680 --> 00:01:50,600 Speaker 1: we actually know that if we if all of these 38 00:01:50,640 --> 00:01:53,320 Speaker 1: homes aren't be they batches or whatever, if they were 39 00:01:53,360 --> 00:01:55,560 Speaker 1: released onto the market, what would have helped to solve 40 00:01:55,800 --> 00:01:58,680 Speaker 1: or ease a housing crisis in an area, or not 41 00:01:59,320 --> 00:02:03,240 Speaker 1: have the quantity in say Queenstown, to actually make a difference. 42 00:02:04,800 --> 00:02:07,840 Speaker 2: I mean, any additional housing is useful, but again, you know, 43 00:02:07,880 --> 00:02:09,880 Speaker 2: it's not the sort of thing I don't think that 44 00:02:10,400 --> 00:02:13,639 Speaker 2: anyone would propose that government would come in and sort 45 00:02:13,680 --> 00:02:17,600 Speaker 2: of necessarily force these houses into work. Again, some of 46 00:02:17,600 --> 00:02:20,440 Speaker 2: them are under renovations and similar they might actually not 47 00:02:20,480 --> 00:02:22,600 Speaker 2: be all that sits of purpose for a lot of people. 48 00:02:22,840 --> 00:02:24,920 Speaker 2: One of the encouraging signs we actually had in the 49 00:02:24,960 --> 00:02:27,800 Speaker 2: census was that some of the policies that have gone 50 00:02:27,880 --> 00:02:30,440 Speaker 2: by the likes of healthy Home standards have actually quite 51 00:02:30,440 --> 00:02:34,360 Speaker 2: substantially lifted housing quality across the country. So you know, 52 00:02:34,440 --> 00:02:37,400 Speaker 2: some of those signs are encouraging. We've now got fewer 53 00:02:37,440 --> 00:02:40,040 Speaker 2: homes that are damp, we've got fewer homes that are moldy. 54 00:02:40,400 --> 00:02:42,720 Speaker 2: Two thirds of homes now have a heat pump. So 55 00:02:43,080 --> 00:02:45,320 Speaker 2: when those are encouraging numbers. But I don't know how 56 00:02:45,360 --> 00:02:48,080 Speaker 2: forcing homes that we don't actually know a huge amount 57 00:02:48,120 --> 00:02:50,680 Speaker 2: about onto the market is necessarily a solution. 58 00:02:50,880 --> 00:02:53,120 Speaker 1: Now, Brad, we have to live it there. I'm really sorry, 59 00:02:53,120 --> 00:02:57,240 Speaker 1: but Brad Olsen, who's Informetric's chief executive and principal economists 60 00:02:57,240 --> 00:02:59,520 Speaker 1: with us this morning talking about those ghost homes and 61 00:02:59,600 --> 00:03:02,600 Speaker 1: more in Really About the Sensystem. For more from News 62 00:03:02,680 --> 00:03:06,200 Speaker 1: talkst B, listen live on air or online, and keep 63 00:03:06,240 --> 00:03:09,000 Speaker 1: our shows with you wherever you go with our podcasts 64 00:03:09,040 --> 00:03:10,120 Speaker 1: on iHeartRadio.