Auckland, New Zealand is experiencing a housing crisis in terms of both affordability and quality, fuelled by a growing population without a corresponding increase in housing supply. This paper examines the current status of the housing market in Auckland and presents the results of a survey to identify the types of homes that first homebuyers want.
The research does not focus on affordability issues or the financial capacity of buyers, instead it focuses on non-financial factors. The hypothesis of the research is that the current housing options available in terms of design and quality of housing in Auckland are not meeting homebuyers’ housing preferences.
Lincoln University’s Sandy Bond and Peter Engström examine the current status of Auckland’s housing market, and identify the types of homes that first homebuyers want.
Read the full text here: What do home buyers want?