Kia ora.

Community Housing Aotearoa is pleased to host this webinar to present the research findings of changes in the structure of the private rental market 1996 to 2023.

The private rental market has played a critical role in New Zealand’s housing market providing accommodation for low to moderate income households. Between 1986 and 2018, size of the stock owned by private property investors increased by 191% although the total dwelling stock only increased by 53%. Rental dwellings are largely acquired from the existing stock. This is reflected in the age and comparatively poorer performance of the rental stock. Despite the expansion of the private rental stock, rents are not well aligned to the needs of low and moderate income households. In 2022, 46% of renter households paid more than 30% of their gross household income in rent compared to 19% in 1988. This research demonstrates how the private rental market has performed since the major reforms of the early 1990s, establishes whether there has been a mis-match between what the market has delivered in terms of housing rental stock and low- and moderate- income households’ ability to affordably occupy these units, and the extent to which policy, regulatory and investment settings might be expected to mitigate current market limits.

The research and the presentation cover:
• Recent trends in the intermediate housing market
• Changes in the structure and outcomes in the private rental market 1996 to 2023
• Housing and “Granny Flat” Provisions New Zealand: Responding to Structural Change in the Rental Market
• Review of Build-to-Rent Research in the Context of Tenure Restructuring and Rental Provision and Learnings for New Zealand
• Housing Precarity Literature and the Implications of Unmet Housing Need, Rent and Housing Stress

This research was funded by BRANZ from the building Research Levy.

The research was undertaken by Ian Mitchell (Livingston and Associates Limited) and Dr Kay Saville-Smith (CRESA). Please join Ian and Kay who will present findings of the report.

You don’t need to register for this event but please cut and paste this link into your calendar for use on the day:
https://us02web.zoom.us/j/89945119610?pwd=mmEM6DuSz13p4haiXjiblCbBTM9IIV.1