Home ownership

People of Asian ethnicities who have remained at their current address for more than five years are much more likely to own their homes. More than half (54 percent) of Asian non-movers and nearly 40 percent of Asian movers own their own homes. This high level of home ownership reflects the migration histories of the key Asian populations.

For both movers and non-movers, housing affordability is a factor. Home ownership is lowest in the Auckland region, but home owners still accounts for over 51 percent of non-movers and 40 percent of movers. Similarly, main urban areas, which have higher proportions of rental accommodation have lower levels of ownership than the smaller urban areas and rural areas, However, for the Asian population this is relatively high, with 54 percent of Asians living in main urban areas owning their own homes compared with over 62 percent doing so in other areas.

There are variations by region. For example, as for people of Māori and Pacific ethnicities, Canterbury region has higher home ownership among Asian movers than Otago region, but among Asian non-movers Otago is ahead of Canterbury.

Figure 12

Graph, Asian Ethnic Group Home Ownership of Movers and Non-movers by Region.

Figure 13

Graph, Asian Ethnic Group Home Ownership of Movers and Non-movers by Urban Area.

Almost 22 percent of people of Asian ethnicities who were overseas five years earlier owned their own home. Indians among this group have a higher proportion of home owners (26 percent) than Chinese (19 percent), reflecting the different age structure and rates of full-time study of these two populations.

Figure 14

Graph, Asian Ethnic Group Home Ownership of Movers and Non-movers by Age.