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Background: We investigated the impact, pre- and post-Covid-19, that Airbnb has had on the availability and affordability of long-term rental properties in New Zealand (NZ).Method: We examined the impact of Airbnb on the rental housing market at a national and regional level. Short-term let...
Persistent link: https://www.econbiz.de/10013291723
Co-living was commonly considered inferior compared to single-family occupied homes. However, with the chic of sharing economy and the sophistication of online peer-to-peer accommodation platforms, co-living has become more common and popular nowadays. Yet, there have been very few empirical...
Persistent link: https://www.econbiz.de/10014262005
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We examine whether a single housing market exists across 16 cities covering two countries, Australia and New Zealand … shocks are first reflected in the price dynamics of a leading group of cities all of which are within Australia (including …
Persistent link: https://www.econbiz.de/10011883121
New Zealand is a small open economy, with large international labor flows and skilled immigrants. Since 2000, employment growth has kept pace with strong migration-related population growth. While overall employment rates have remained relatively stable, they have increased substantially for...
Persistent link: https://www.econbiz.de/10011820352
New Zealand is a small open economy, with large international labor flows and skilled immigrants. After the global financial crisis (GFC) employment took four years to recover, while unemployment took more than a decade to return to pre-crisis levels. M¯aori, Pasifika, and young workers were...
Persistent link: https://www.econbiz.de/10014331167
Price discovery is an important research topic in real estate due to the heterogeneous nature of housing attributes and relatively thin trading activities compared to other assets. In Commonwealth countries, including New Zealand, governments usually conduct periodic appraisals for the purpose...
Persistent link: https://www.econbiz.de/10013168973
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New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has worsened, particularly for low-income renters. Government action is underway to allow new housing through initiatives such as the Urban Growth Agenda, KiwiBuild and the Housing...
Persistent link: https://www.econbiz.de/10012111105
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