Liam Dann: 'Jaw-dropping' new data highlights NZ's housing crisis challenge 16 Feb, 2021 04:45 AM 5 minutes to read Housing costs were rising before the pandemic property boom and new forecasts aren't good. Photo / File Housing costs were rising before the pandemic property boom and new forecasts aren't good. Photo / File As the events of the past few days have shown, we are still in the thick of a dangerous pandemic. But the latest lockdown hasn't given the Government a break from worrying new data highlighting the extent of New Zealand's housing crisis. Three new sources arrived today ... well, two datasets and an ominous set of forecasts.