Rental Affordability 1998-2012 is experimental in nature. It trials a measure of rental affordability in order to look at differences between regions and trends over time. Statistics New Zealand welcomes feedback on the proposed measures.
For feedback please contact Rosemary.Goodyear@stats.govt.nz.
About the paper
This paper looks at the results of a new rental affordability indicator (produced for all rental properties and for properties rented from a private landlord), which will be available on an annual basis at subnational level.
The 2009 Review of Housing Statistics recommended that Statistics New Zealand, in conjunction with other government departments, should create regularly updated measures of housing affordability. This paper addresses creating a measure of housing affordability for renters.
Since housing markets are localised, subnational indicators are essential for understanding changes in affordability. The disruption to the housing supply in Christchurch after the earthquake sequence beginning in 2010 and the ongoing housing situation in Auckland have highlighted the importance of accurate and frequent regional information.
Statistics New Zealand (2013). Rental affordability1998–2012: Regional distributions. Available from www.stats.govt.nz.
ISBN 978-0-478-40843-0 (online)
To read the paper, download the printable PDF from ‘Available files’ above. If you have problems viewing the files, see Opening files and PDFs.
Published: 25 July 2013
Updated: 9 August 2013