
Economics 101 for housing supply
When the Facts Change
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Auckland - What's the Trend in Auckland Housing?
As the number of people per dwelling falls the type of dwelling that they're interested in buying or renting also changes. And there's been a steady increase in the share of overall building and sense that are going towards the multi-dwelling units so that includes townhouses, apartments, retirement villages etc. That's now I think around about 60% of all building concerns obviously a lot in Auckland but also in other large centers.
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