Story: Economy

Housing subdivision, Pāpāmoa

Housing subdivision, Pāpāmoa

Since home ownership has long been a goal for New Zealanders, and remains for many the most significant form of investment, building is a major economic activity. Since 1990 there has been a boom in new building in coastal areas, especially in the Bay of Plenty. This housing project at Pāpāmoa, near Mt Maunganui, was typical of property developments in the 2000s.

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Photograph by Shirley Williams

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How to cite this page:

Brian Easton, 'Economy - Secondary production', Te Ara - the Encyclopedia of New Zealand, (accessed 14 July 2024)

Story by Brian Easton, updated 1 Sep 2016