When the Facts Change cover image

Economics 101 for housing supply

When the Facts Change

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What Is Underlying the Supply and Demand for Houses in New Zealand?

Bernard Hickey talks to Kiwi Bank economist Jeremy Couchman about the housing market in New Zealand. He says population growth is the key driver, but it's not just simply using population because obviously there's generally more than one person to a house. The chart shows how supply and demand has changed since 1993 as well as gaps that have opened up.

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