drivers of housing supply and demand as well as the constitution of the housing market and its segments: homeowners and …In a context marked by rapid urbanisation, growing housing demand and the worsening impacts of climate change, national …

the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different …

New Zealand’s housing supply has not kept pace with rising demand, including from net immigration. Affordability has … containment policies would allow the planning system to better respond to demand for land. Incentives for local governments to … affordable housing through KiwiBuild should be re-focused towards enabling the supply of land to developers, supporting …

Increasing supply is frequently proposed as a solution to rising housing costs. However, there is little evidence on … five years. This suggests that new construction reduces demand and loosens the housing market in low- and middle …

new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the … neighborhood. We find that the rent elasticity is low, and thus marginal reductions in supply constraints alone are unlikely to … level of amenities in a neighborhood—as in a Rosen-Roback spatial equilibrium framework—than by the supply of housing …

indices. We provide a discussion of the contributing factors of synchronization, with a focus on the demand and supply … more synchronized, this being particularly clear for cities. Sustained demand for places that are attractive for financial … supply-constrained, is likely to lead to more synchronization across markets. The conclusions are important for investors …

By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental …, streamlining land-use governance and easing rental control can help unlock housing supply, make housing markets more efficient and …

developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect - we show …