Generation Rent

Generation Rent

Rethinking New Zealand’s Priorities

The decline of home ownership has struck at the heart of the Kiwi dream – so perhaps it is time to fashion a new one.

House prices may boom or bust but the long-term trend is clear: for more New Zealanders than ever, home ownership is out of reach. Incomes simply have not kept pace with skyrocketing property prices. ‘Generation Rent’ calls into question priorities at the heart of New Zealand’s identity.

In this BWB Text, Shamubeel and Selena Eaqub investigate how we ended up here, and what can be done to ensure all New Zealanders – home owners and renters alike – live in affordable and secure housing.

What are BWB Texts?

BWB Texts are short books on big subjects by great New Zealand writers. Commissioned as short digital-first works, BWB Texts unlock diverse stories, insights and analysis from the best of our past, present and future New Zealand writing.

Available in paperback and ebook formats from booksellers and using the ‘Buy’ buttons on this page. For more information on these purchase options please visit our Sales FAQs page or contact us.

Print publication:
Ebook publication: Jun 2015
Pages: 188
RRP: $14.99
ISBN: 9780908321032
ISTC: A02201500000004A
DOI: 10.7810/9780908321032

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Media

'Soaring House Prices Could Mean A New Kind Of Aristocracy: Economists' Daniel Trencer, The Huffingtion Post Canada, 7 December 2016 

'Housing in Hawke’s Bay … Sweet for Some, Misery for Others', Mark Sweet, Bay Buzz, 31 March 2016

'Baby boomers win housing vote: economist', NZ Newswire, 25 February 2016

'Housing survey prompts calls for action'Checkpoint with John Campbell, 25 January 2016

'BOOK EXTRACT: Generation Rent – Does housing affordability really matter?', NBR, December 2015

'Economist happy to see long-term rentals', Morning Report, Radio New Zealand, 18 December 2015

'Super fund, Ngai Tahu eye long-term rent market', Alex Ashton, Radio New Zealand, 18 December 2015

'Shamubeel Eaqub: A (small) win for Generation Rent', Shamubeel Eaqub, Stuff, 17 December 2015

One of Auckland Libraries' 'Top 100 books of 2015', Auckland Libraries, December 2015

'Property Boom', Emma O'Brien, Bangkok Post, 30 November 2015

'“We need to focus on the wins we can sustain”: An interview with Shamubeel Eaqub (Part 1)', Elinor Chisholm, One Two Three Home, 27 November 2015

'London house prices "have nothing on Auckland"', New Zealand Herald, 25 November 2015

'London House Prices Have Nothing on Auckland', Emma O'Brien, Bloomberg Business, 23 November 2015

Podcast of 'Above the Parapet', Auckland Libraries, November 2015

'Planning rules forcing Aucklanders to build bigger houses', Business Day, Maria Slade, 8 October 2015

'We are Generation Rent', Georgina Yarranton, NZHL, 30 September 2015

'Narrow focus of refugee debate decried', Eileen Goodwin, Otago Daily Times, 8 Sept 2015

'Auckland Council's chief economist says the local housing stresses may be tough to solve', Chris Parker, Interest, 15 August 2015

'Sell all Auckland golf courses for housing - top economist', Anne Gibson, New Zealand Herald, 7 August 2015

'NZ POLITICS DAILY: The Housing apartheid problem', Bryce Edwards, NBR, 24 July 2015

'Is it goodbye to the back yard?', Brian Fallow, New Zealand Herald, 17 July 2015

'Eaqub moves on from NZIER', Anne Gibson, New Zealand Herald, 17 July 2015

'Tenants in our own land', Rebecca Macfie, New Zealand Listener, 25 July 2015

'Pressure builds to give renters more rights', Kate Newton with Shamubeel Eaqub, Insight, Radio NZ, 5 July 2015

'Flying Sharks or a House in Auckland? Alternatives to Owning a Home', Hayden Donnell with Shamubeel Eaqub, TV3, Newsworthy, 24 June 2015

'Inter-generations battle bizarre', Karl du Fresne, Nelson Mail, 16 June 2015

'Political roundup: Solving the housing crisis', Bryce Edwards, New Zealand Herald, 15 June 2015

See Shamubeel on TV3's Re-Think, 14 June 2015

'Home loans to be capped by your earnings', Richard Meadows, Sunday Star Times, 14 June 2015

'Millennials and their money', Rob Stock, Sunday Star Times, 14 June 2015

'Olly Newland: Official Cash Rate cut', Mike Hosking, NewstalkZB, 12 June 2015

'"Generation Rent" in song', Jenée Tibshraeny, interest.co.nz, 12 June 2015

'More heads needed to slay housing hydra', Toby Manhire, New Zealand Herald, 12 June 2015

'Editorial: Bring in standards for rental houses', Dominion Post, 9 June 2015

'"A culture of despair": How the NZ property dream became a nightmare', Jonathan Cotton, idealog, 8 June 2015

'Olly Newland responds to "Generation Rent" crisis, calling for the govt to incentivise rental property investors to get life-long tenants', Jenée Tibshraeny, interest.co.nz, 8 June 2015

'Generation Rent' on Fair Go, Pippa Wetzell and Gordon Harcourt, 8 June 2015

'RAW DATA: Lisa Owen interviews Generation Rent author Shamubeel Eaqub', Lisa Owens, National Business Review, 7 June 2015

'Home ownership dream "broken"', Wallace Chapman, Sunday Morning, Radio New Zealand, 7 June 2015

'Renters II - Shamubeel Eaqub', Wallace Chapman, Sunday Morning, Radio New Zealand, 7 June 2015

'Eaqubs' "Generation Rent" deserves a hearing', Rob Stock, Sunday Star Times, 7 June 2015

'Debate: Clash of the generations – Part One', The Nation, 6 June 2015

'House price divide threatens British-style class system', Rob Stock, BusinessDay, 6 June 2015

'Interview: Shamubeel Eaqub on Generation Rent', The Nation, 6 June 2015

'Economist takes swing at golf course land', The Nation, 6 June 2015

'Harness golf course land, economist says', NZ Newswire, 6 June 2015

'Gen Rent: NZ heading toward "social and housing apartheid"', Patrice Dougan, New Zealand Herald, 6 June 2015

'Double Shot Interview with Shamubeel Eaqub', interest.co.nz, June 2015

'NZIER's Shamubeel Eaqub calls for a cultural U-turn, in the wake of our housing crisis "sowing the seeds of inequality"', Jenée Tibshraeny, interest.co.nz, 5 June 2015

'Getting renters' rights up to German standards dubbed a key stepping stone to cooling the housing market', Jenée Tibshraeny, interest.co.nz, 4 June 2015

'ASK ME ANYTHING: "Generation Rent" author Shamubeel Eaqub', Chris Keall, National Business Review, 3 June 2015

'"Financial Amass-culation", and other terms defining modern money lives', Rob Stock, BusinessDay, 1 June 2015

'Auckland nears $1m average house price as experts warn of property bubble', Simon Day, The Guardian, 25 May 2015

'"Horror and pity" for Gen Rent', Anne Gibson, New Zealand Herald, 23 May 2015

'House price rises creating a generation of renters', Tracy Watkins and Andy Fyers, stuff.co.nz, 20 May 2015

'Generation Rent - the renters who want homes', Tracy Watkins, stuff.co.nz, 20 May 2015

Shamubeel and Seleena Eaqub discuss their upcoming book, Joanna Wane, North & South, 17 April 2015

Affordable housing for Generation Rent, Matt Philp, PureAdvantage

Comment

'This is an urgent and highly readable book in which the authors contend that home ownership is nothing less than an issue that will define the kind of culture and country New Zealand will become – and the issue needs to be properly confronted.' Reg Birchfield, New Zealand Management, August 2015

'If you are interested in fixing the housing crisis, Shamubeel and Selena Eaqub's #GenerationRent is a must read.' @PhilTwyford

'Shamubeel Eaqub is very difficult to pin down: he's a neoclassical economist adored by parts of the political left, an assiduous networker determined to take on the establishment and a talented empiricist who's not afraid to act as a cultural critic. In Generation Rent these contradictions collide with the Eaqubs – Shamubeel co-authors the book with economist and partner Selena – taking on the economic, political and cultural forces pushing up house prices and leaving an entire generation with no choice other than to rent for the rest of their lives.' Morgan Godfery, stuff.co.nz