First Home Ownership
AbstractThe terms of reference for the inquiry on First Home Ownership asked the Commission to evaluate the affordability and availability of housing for first home buyers. The Commission’s preliminary findings were released for public comment in December. In its final assessment, the Commission maintained that there was no ‘quick fix’ to make housing more affordable for first home buyers. To the extent that currently low affordability reflects cyclical pressures, the situation would improve over time. However, the Commission identified a number of policy areas that can serve to exacerbate price pressures over the cycle.
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Bibliographic InfoPaper provided by EconWPA in its series Others with number 0410007.
Date of creation: 05 Oct 2004
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Building industry; Building societies; Construction industry; Families; Family; Finance; Finance companies; First home owners; Goods and Services tax (GST); Home finance; Home loans; Housing; Interest rates; Land title; Mortgages; Planning; Rent; Rental properties; Residential land; Stamp duty;
Find related papers by JEL classification:
- P - Economic Systems
- Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
- Z - Other Special Topics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-10-21 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Bi-Directional Impacts of Economic, Social and Environmental Changes and the New Zealand Housing Market,"
- Arthur Grimes & Suzi Kerr & Andrew Aitken, 2004. "Bi-Directions Impacts of Economic, Social and Environmental Changes and the New Zealand Housing Market," Working Papers 04_09, Motu Economic and Public Policy Research.
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