Add to ORKGThe aim of this paper is to examine the cointegration and long-run relation between affordability measures of house ownership prices and house rental prices in New Zealand. Using the approaches by Westerlund (2007) and Dumitrescu and Hurlin (2012), the study shows that there is an existence of cointegration and unidirectional causality effects between house price affordability (HPA) and rental price affordability (RPA) across 11 regions. Auckland, Wellington and Canterbury are the three regions in which the results detect the most extreme effects among HPA and RPA compared to other places in the country. We extend our study by examining the lead-lad correlation between those two affordability measures. Our extended empirical work shows in...
Purpose: The purpose of this paper is to compare responses of house prices in three important market...
This exploratory study decomposes the history of New Zealand house price movements into a trend comp...
Housing affordability is a problem facing a number of cities in New Zealand, particularly Auckland. ...
Purpose The purpose of this paper is to examine the relationship between house price affordabilit...
House price affordability has plummeted in many economies in spite of the belief in and use of mone...
House price affordability has plummeted in many economies in spite of the belief in and use of monet...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
In this study we set out to find if macroeconomic factors have any strong association with house pri...
In this study we set out to find if macroeconomic factors have any strong association with house pri...
The objectives of this paper are to provide empirical evidences on whether i) government policies re...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
Over much of the past 40 years, cycles of house price and consumption growth have been closely synch...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
Housing costs comprise a major part of most household budgets. Larger households require greater spa...
Purpose: The purpose of this paper is to compare responses of house prices in three important market...
This exploratory study decomposes the history of New Zealand house price movements into a trend comp...
Housing affordability is a problem facing a number of cities in New Zealand, particularly Auckland. ...
Purpose The purpose of this paper is to examine the relationship between house price affordabilit...
House price affordability has plummeted in many economies in spite of the belief in and use of mone...
House price affordability has plummeted in many economies in spite of the belief in and use of monet...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
In this study we set out to find if macroeconomic factors have any strong association with house pri...
In this study we set out to find if macroeconomic factors have any strong association with house pri...
The objectives of this paper are to provide empirical evidences on whether i) government policies re...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
Over much of the past 40 years, cycles of house price and consumption growth have been closely synch...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
Although house prices and wages are both influenced by distinct factors that shape their own evoluti...
Housing costs comprise a major part of most household budgets. Larger households require greater spa...
Purpose: The purpose of this paper is to compare responses of house prices in three important market...
This exploratory study decomposes the history of New Zealand house price movements into a trend comp...
Housing affordability is a problem facing a number of cities in New Zealand, particularly Auckland. ...