Home ownership comparisons
Two graphs to help people on Twitter who are arguing about home ownership trends in Auckland vs rest of NZ or in generational differences.
Both are percentages of home ownership based on the census question “Do you own or partly own your home?”, with data from the last three censuses.
First, comparisons between Auckland and the Rest of NZ by age, over time. Blue is Auckland, pink is RONZ
Second, trends over 12 years, by age, for three census years. Blue is 2001, pink is 2006, green is 2013.
Data from the nzdotstat table “Tenure holder by age group and sex, for the census usually resident population count aged 15 years and over, 2001, 2006 and 2013 Censuses (RC, TA, AU)”
Update: And one more. Here the lines connect roughly the same group of people (birth cohort) over time (only approximately because the planned 2011 census didn’t happen until 2013).
Thomas Lumley (@tslumley) is Professor of Biostatistics at the University of Auckland. His research interests include semiparametric models, survey sampling, statistical computing, foundations of statistics, and whatever methodological problems his medical collaborators come up with. He also blogs at Biased and Inefficient See all posts by Thomas Lumley »
It’s kinda surprising because I would have thought that the biggest difference seen by eye would be in the under 40s not the over 40s.
The birth cohorts look *reasonably* similar until the 55-59, 60-64, 65-69 cohorts.
The first two age groups are at their peak earning power so they can generally afford their own house. It could be that on retirement home owners are more likely to move out of Auckland because they have the means to do so. Or maybe new immigrants buy homes that their parents also live in.
8 years ago
Also, for the younger groups, the fact that the lines are steep makes vertical differences between them less obvious.
8 years ago