Arbeitspapier
Housing Affordability in New Zealand: Evidence from Household Surveys
Housing affordability has been a topic of much interest in New Zealand over recent years with the median house price increasing by over 50% between 2004 and 2008. The aim of this paper is to inform debate by drawing out evidence from two surveys: the Household Economic Survey (HES); and the Survey of Family, Income and Employment (SoFIE). In particular, the paper examines how patterns of house prices, expenditures, and home ownership have changed over time and across groups. A model which may be suggestive of whether or not an individual or couple is likely to find home-ownership affordable is also developed. This model incorporates information relating to four important influences of affordability: income; net wealth; house prices; and the structure of mortgage contracts (including the interest rate and mortgage term).
- ISBN
-
978-0-478-40353-4
- Sprache
-
Englisch
- Erschienen in
-
Series: New Zealand Treasury Working Paper ; No. 13/14
- Klassifikation
-
Wirtschaft
Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
Housing Supply and Markets
Other Spatial Production and Pricing Analysis
- Thema
-
Housing Affordability
House Prices
Homeownership
Housing Expenditures
Rent
Mortgage Payments
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Law, David
Meehan, Lisa
- Ereignis
-
Veröffentlichung
- (wer)
-
New Zealand Government, The Treasury
- (wo)
-
Wellington
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Law, David
- Meehan, Lisa
- New Zealand Government, The Treasury
Entstanden
- 2013
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