Get ready for a big increase in accommodation prices in 2019 as governments around the world are seeking to address a rising tide of social unrest.
Here are five key things to consider when shopping for accommodation in 2019.1.
The latest: Housing markets in some developed countries are starting to return to normal.
That is partly because of the easing of some mortgage restrictions and a surge in demand from emerging markets, which are expected to boost demand for properties.
In Europe, the price of a property rose 7.6 per cent in the three months to March, while in the US, it rose by 9.2 per cent.
The outlook for 2018 is mixed, though, with home sales in some countries down.
In Germany, a country that has seen its unemployment rate rise to its highest level since the Second World War, the country is seeing fewer new buyers than it did a decade ago.
The number of people who have bought a home in Germany is down by 3.3 per cent from the same period last year.
And there has been a big drop in the number of new properties being built in some areas of Germany.2.
New Zealand: New Zealanders are not keen to move into apartments and are keen to stay in their homes, which means they are seeing fewer rentals available.
This is partly due to the introduction of a cap on rent rises, which will likely affect rental yields.
However, there are still some opportunities to build new homes.
The number of apartments currently under construction in New Zealand rose by 6 per cent last year, which is higher than the average growth rate of 8 per cent over the past five years.
It is also lower than the growth rate in Australia, which has seen the number grow by 4 per cent annually over the last decade.
The country has seen a massive surge in population over the years and has a large population of people aged between 20 and 49.
Auckland’s housing stock has also been growing at a steady rate, which helps boost demand.3.
The UK: Housing prices in England are currently at record levels, and are expected rise to their highest levels since the 2008 financial crisis.
Prices for properties have increased by 6.8 per cent since the start of the year, driven by the huge price rise in the capital, London.
However the price increase in Scotland and Wales has been the strongest.
In Scotland, the average price for a property increased by 14.1 per cent, and in Wales it increased by 2.8 percent.
In England, a property can now be bought for $1.8 million (NZ$2.4 million) compared with $1,827,832 (NZ $2,721,988) in 2015.
That means a property in Scotland is currently worth $3.8 billion more than it was in 2014.
That would mean that an average price increase of 12 per cent has occurred in the last five years, making it one of the most expensive cities in the world.4.
The US: The housing market in the United States has been on the upswing since the end of the Great Recession.
Prices have jumped by 13.8 percentage points in the past 12 months, driven mostly by a rebound in home prices in many areas of the country.
The housing market is now in a position to be a big contributor to the US economy and, as a result, the US is likely to see a stronger economy in 2019 than last year as it looks to maintain a healthy unemployment rate.
The United States is the only major country where the jobless rate is above 8 per to 10 per cent and in 2018 it is expected to reach 10 per to 11 per cent for the first time.
That has allowed for a massive rise in home values, which helped the country recover from the Great Depression.
In the last few years, a number of US states have experienced a housing boom and there are several places that are currently seeing an influx of buyers and developers.
The average price of homes sold in Florida in 2017 rose by 8.3 percent, while a property sale in Miami rose by 11.2 percent.5.
The United Kingdom: The UK is expected at the end