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Regional Housing Markets In New Zealand

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    Regional Housing Markets In New Zealand

    Wednesday, 1 March 2006, 1:48 pm

    Press Release: Centre for Housing Research
    "Regional Housing Markets In New Zealand - Motu - February 2006"
    Important New Zealand Housing Report - Centre For Housing Research Of New Zealand ( Charnz ):
    This excellent report is required reading and needs to be widely reported in New Zealand and elsewhere. It clearly illustrates that land supply strangulation is the key reason for the excessive housing price increases and losses of housing affordability within most urban areas of New Zealand.

    Its findings very much mirror those of the recently released 2006 Demographia International Housing Affordability Survey www.demographia.com .

    It is hoped that we see similar research from Australia in the near future.

    Widespread discussion and distribution of this excellent report is encouraged.

    "There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho Marx