News

It’s all about supply

Friday 19th of July 2019

In a Property Insights publication, Kiwibank’s chief economist Jarrod Kerr and senior economist Jeremy Crouchman say their modelling estimates there is now a chronic shortage of around 130,000 affordable homes, up from 100,000 last year.

The shortage has worsened since last year, despite the industry’s best efforts to boost supply, they say.

“If things continue...

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