News

Wages rises and number of houses available biggest influences on rents

Tuesday 8th of August 2023

The joint paper by the Housing Technical Working Group, Ministry of Housing and Urban Development, Treasury and the Reserve Bank shows wage rises and the number of houses available are the two key drivers of rents at both the national and regional level. This has been consistent over the past 20 years.

Authored by Alan Bentley, Enzo Cassino and Nam Ngo of the Housing Technical Working G...

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