Current Events

Title of Story :house prices mixed: auckland and other regions continue to rise house price Date : 6 mar 2019 6:29 AM  

Link to NZ herald (choose a current events story from the NZHerald link - answer the questions below)

* MAKE A COPY OF THIS DOCUMENT   ** CHOOSE A CURRENT EVENT NEWS STORY  *** Read the article *** COMPLETE THE STUDENT ACTIVITIES.

Do Now : Term that you dont understand (choose 4)

Term	Definition
Regional	relating to or characteristic of a region
Region	an area, especially part of a country or the world having definable characteristics but not always fixed boundaries

STUDENT ACTIVITY

Read the story and answer the questions below

Topic / Subject of the Story ; about different regions in new zealand but up the price of housing	There were no questions
Where is this story based ?	(local, regional, national, international ) Its reganial in new zealand other than auckland
Why is this story in the news?	Eg is it a story of conflict ? Natural disaster ? Interesting or Unusual ? Shocking ? Tragedy ? Controversy ? Humour ? Overcoming ? Victory ? etc    (Give a reason why ) I think its Controversy because not a lot of people in new zealand are wealthy people cant pay that much money to buy a house and most people are already renting. It suck now a days that not alot of people can afford land.
Who are the individuals or groups involved in the story ?	Insert Picture or symbols if possible eg NZ Government MInister OR Police.
Write down 4 facts from the story QV general manager	Regional centres continued to experience strong growth in residential property values but there is still pressure at the top end of the market, according to latest figures. The Quotable Value house price index shows national values rose just 0.7 per cent in the February quarter, and 3 per cent for the year The average national residential property value is just over $686,050 QV general manager David Nagel said the market was mixed, with big centres and higher-priced suburbs feeling the pinch
Describe the story?	I really dont know how to describe the story so ill say it in my words. The situation is really bad it really suck no one can own a property without being wealthy. Property prices are going up fast and high they are worth millions now i think nz housing needs to put down the prices.
Give two points of views mentioned in the story ?	(point of view one)the national growth rate had fallen from 6.5 per cent to 3 per cent year on year, suggesting "the heat has certainly been taken out of the market
What is your opinion on the story ? What can people do to help people	Its really bad and they NEED to lower the prices to many people are renting not there is a problem with renting its just if you are renting you cant do as many things you could if you buy your own house like have a pet

 

Write a summary of the current event article, giving your perspective on the story ?

NZ housing NEEDS to lower prices some say they are but i disagree not a lot of people own their own houses most rent. Its based in Auckland and other regions of new Zealand someone said that investors fairly active