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Working paper

Valuing sunshine

27 Jun 2017

71

David A. Fleming, Arthur Grimes, Laurent Lebreton, David C. Maré, Peter Nunns

Motu Economic and Public Policy Research

Using over 5,000 observations on house sales in Wellington, New Zealand, this paper looks at the willingness to pay for an extra daily hour of sun, on average, across the year.



Working paper

Housing, the ‘Great Income Tax Experiment’, and the intergenerational consequences of the lease

Motu Working Paper 17-09

1 May 2017

18

Andrew Coleman

Motu Economic and Public Policy Research

This paper provides an analysis of how the New Zealand tax system may be affecting residential property markets.



Working paper

Foreign investment and residential property price growth

2 Dec 2016

71

Chris Wokker, John Swieringa

Department of the Treasury (Australia)

This study uses fixed effects panel regression techniques to estimate the impact of foreign demand for Australian residential real estate on property prices. All model specifications find a positive relationship between foreign investment approvals and price growth at the postcode level, but the majority of...