
Economics 101 for housing supply
When the Facts Change
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What's Your Current Estimate for New Zealand's Housing Stock?
Over the last year that yawning gap between supply and demand has actually reduced the housing shortage significantly. So based on those current trends, we tried to project forward what's the best prediction. And it sort of suggested over the next 12 months, maybe a little bit longer, we actually start to see that shortage in housing actually disappear. But we just don't know. We're just going by the best data we have at hand. That suggests that year within the next year.
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