Ten facts about New Zealand's housing

NZ is stuffed full of beautiful wooden houses. Many built at or just after the turn of the 19th century and still lived in.

Never mind that they are drafty, uninsulated, often rotting and in need of a 30,000 dollar paint-job every ten years, here is a selection of villas from the Wellington area.

Twenty-five percent of the population live in private rental and 5% in social housing.

The Centre for Housing Research says, rates of home ownership have fallen from a high of 73.7 percent in 1986 to 66.9 percent in 2006, a rate last prevailing in the 1950s.

The Colonial Cottage Museum is central Wellington's oldest identified building. Built in 1858, by carpenter, William Wallis.

New Zealand Business Council for Sustainable Development says, "More than a million homes are not adequately insulated," and "more than 410,000 homes could be making their occupants sick."

• 45% of existing homes are mouldy
• 16% of homes have no insulation at all
• 21% of people aged 18–24 say their home is cold and uncomfortable

Typically more than one third of the energy used in the home is for keeping warm.

Nearly two thirds of homes in New Zealand were built before insulation became a legal requirement in 1979.

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