.id monthly insight
.id insight Newsletter
March 2019 Edition

Insights from the ‘dismal science’

The recent and well-publicised fall in house prices has captured the imagination of home-owners, renters and aspirational home-owners alike.

People are wondering, “What does this mean for me?”

More importantly, falling house prices have much broader implications than we typically think.

Economies are extremely complex systems with multiple direct and indirect interrelationships.

Are falling house prices a good thing for affordability? Or are they potentially damaging to the health of the economy? This is why we need economists, to unpack the complexities and tell us the story of what’s going on and what’s likely to happen.

At .id, we get a wry smile from our economists when we refer to them as the ‘dismal scientists’. But get this.. they seem to know what they’re talking about because two of .id’s economists have recently bought houses! True.

Seriously though, I assume that you are reading .id’s newsletters and blogs not for real estate advice but for insights into the trends we are observing and implications for our communities.

We have just published two blogs about housing - one about a new tool our team has developed to help strategic planners and community advocates access housing data, and the other to help local economic development officers understand the implications of falling house prices

Both offer recommendations for our partners in local government, but, as with all our tools, we invite the wider community to access the same insights to ensure informed decisions are made in the interests of all.

Author Ivan

Urban economics

Economic development and house prices

There goes the discretionary spending


The recent dip in house prices has implications for local economic development, particularly in our largest cities, says .id’s Senior Urban Economist, Rob Hall.

Here are some things local economic development officers may wish to consider if house prices have been falling in your area.



A new tool for planning affordable housing

Housing data


After speaking with a number of council planning teams, we confirmed our suspicions: preparing an evidence base for their housing strategy is harder than it should be.

A small team at .id have launched a new online tool to make it easier for strategic planners (and other parts of council) to access the data they need to plan for affordable housing and monitor progress toward their goals.



Is Whangarei riding the Auckland wave?



When Whangarei District Council recently joined the .id stable with the launch of their Community Profile and Social Atlas tools, Penny took a closer look at the district to uncover what's behind the rapid population growth in this idyllic corner of New Zealand.


Demographic profile

The South Sudanese population of Australia

South Sudanese population of Australia


We received a question this month about how we display country-of-birth data for people from newly formed nations, such as South Sudan, and those that no longer exist, such as the former Yugoslavia.

Glenn explains by examining the South Sudanese population of Australia.



Final call for economists, demographers and forecasters



We had a great response to last month's call for economists, forecasters and demographers who would like to join our team.

If you're a team player with a passion for these subjects, there is still time to get in touch and see if the role might be right for you.

Learn more about our current openings for an economic consultant, senior demographic consultant and population forecaster (and learn about the perks of working at .id) on our careers page.

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