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Residential construction and population growth in New Zealand: 1996-2016

 
Nicole Greenslade - Admin
Residential construction and population growth in New Zealand: 1996-2016
by Nicole Greenslade - Admin - Thursday, 1 March 2018, 2:44 PM
 

This paper aims to understand how population growth has affected building activity in New Zealand regions during the last twenty years. Using panel data regression techniques, we estimate that 0.25 – 0.30 additional houses are built for every additional person in a region. The additional 0.25 – 0.30 building permits per person equate to about 40 m2 of new construction, with a value of just over $60,000 in 2016 terms.    read more.....