When the Facts Change cover image

Economics 101 for housing supply

When the Facts Change

00:00

What's the Main Driver of Net Migration in New Zealand?

The number of people per houses has been changing in a structural sense but also in a short term sense. My understanding is that over the decades as family structures have changed and populations have aged we tend to have fewer people per dwelling. And from around I think it was early 2000s right up to the mid 2010s before we had a big boom in net migration towards New Zealand. That's important because if what that suggests is that if you have an increase in population you're going to need a larger supply housing supply response to meet that demand.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app