The NZ Housing Survey: why younger generations are increasingly open to, and actively seeking, alternative housing solutions

Journalist Greg Ninness from Interest.co.nz published an insightful article covering some of the key findings from our first report of the NZ Housing Survey.

He dug into aspects of the data centred around the findings that younger New Zealanders' attitudes are changing, when it comes to wanting more housing options. It's becoming clear that while the traditional "Kiwi dream" of a standalone house with a garden remains, the decreasing housing affordability is a significant factor driving a shift in attitudes when it comes to wanting more diverse housing options.

A significant finding reveals that a third of all respondents would consider living in an apartment. However, this preference is even more pronounced among the under-35 age group: a remarkable 67% would consider living in an apartment building up to three storeys high, and 47% would consider a high-rise apartment.

These figures strongly suggest that while the allure of a traditional home is still present, younger generations are increasingly open to, and even actively seeking, alternative housing solutions like apartments, largely influenced by the realities of housing affordability. This shift has profound implications for urban planning, development, and how we envision the future of housing in New Zealand.

If we want the New Zealand housing market to properly serve all New Zealanders, we have to start doing things a little differently.

Read the article published on Interest here: https://www.interest.co.nz/property/135550/stand-alone-housing-most-popular-type-housing-survey-finds-two-thirds-young-people‍

Read the full NZ Housing Survey report via our Knowledge Hub here: https://www.theurbanadvisory.com/research/the-new-zealand-housing-survey-year-1-survey-results