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dc.contributor.authorZhao, Len_US
dc.contributor.authorMbachu, JICen_US
dc.contributor.authorDomingo, Nen_US
dc.date.available2017-06-29en_US
dc.date.issued2017-06-29en_US
dc.identifierhttp://www.mdpi.com/2075-5309/7/3/57en_US
dc.identifier10.3390/buildings7030057en_US
dc.identifier.citationBuildings, 2017, 7 (3), pp. 57 - 73 (16)en_US
dc.identifier.issn2075-5309en_US
dc.description.abstractIdentification of costs drivers and their influence levels on building development costs plays a key role in the development of construction models and improve the efficiency and effectiveness of any project. Forty-five indicators influencing building development costs in New Zealand were explored by literature review and pilot interviews. These indicators were grouped into seven categories. The determination and ranking of the significant cost drivers were carried out through questionnaire survey distributed to key professionals working in New Zealand construction industry. Structural equation modeling (SEM) was used in analysing the empirical data. Findings showed that the property market, construction industry characteristics, statutory and regulatory, and socio-economic factors were major drivers of the building development cost trends in New Zealand. It was recommended that the ever-increasing building development costs and housing unaffordability in New Zealand could be significantly mitigated by addressing the identified factors.en_US
dc.format.extent57 - 73 (16)en_US
dc.languageEnglishen_US
dc.publisherMDPI AGen_US
dc.relation.urihttp://www.mdpi.com/2075-5309/7/3/57en_US
dc.titleExploratory factors influencing building development costs in New Zealanden_US
dc.typeJournal Article
dc.citation.volume7en_US
dc.identifier.doi10.3390/buildings7030057en_US
dc.description.confidentialfalseen_US
dc.identifier.elements-id358716
dc.relation.isPartOfBuildingsen_US
dc.citation.issue3en_US
pubs.organisational-group/Massey University
pubs.organisational-group/Massey University/College of Sciences
pubs.organisational-group/Massey University/College of Sciences/School of Built Environment
dc.identifier.harvestedMassey_Dark
pubs.notesNot knownen_US
dc.publisher.urihttp://www.mdpi.com/2075-5309/7/3/57en_US
dc.subject.anzsrc1201 Architectureen_US
dc.subject.anzsrc1202 Buildingen_US
dc.subject.anzsrc1203 Design Practice and Managementen_US


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