This paper, courtesy of https://www.rbnz.govt.nz, contributes to the international policy debate on the effect of macroprudential policy on housing-market dynamics. We use detailed New Zealand housing market data to evaluate the effect of loan-to-value ratio (LVR) restrictions on house prices.
The "conventional wisdom" that low income earners don't stand to benefit from building more housing has been tackled head-on in a new report. The Grattan Institute, a public policy think tank, has railed against a view it believes is shared by many affordable housing advocates about who stands to gain by boosting the supply of market-rent housing.
Wellington is bearing the brunt of fierce demand for rentals, and there is no relief on the horizon.
Some turn up to flat viewings in suits, others arrive with professionally designed rental CVs, all in the hope of standing out from the crowds that gather for flat viewings.
The great Australian backyard appears to be a "romantic" dream that's fading as more people eschew a lawnmower and move into apartments.
The number of new homes consented in New Zealand hit a 13-year high in November 2017, boosted by apartments in Auckland.
Frankton man Brian Burne has been fending off developers with million-dollar pitches for his property.
Landlords' fears about looming changes to the property investment market look to have subsided.
Thirteen homes for Wellington's most needy are going on the private market, and more are expected to follow as the city council faces "commercial realities".
2017 was the year New Zealand's housing market slowed, new data from QV shows.
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