1250 days ago

Poll: Do you think rising house prices in Auckland will hit a limit?

Reporter Community News

Auckland houses are less affordable than those in all but three other cities from eight countries surveyed for the 2021 Demographia international housing affordability report.

It’s now more affordable to buy a house in San Francisco or London than in Auckland. A new report has ranked the Super City as the fourth least affordable housing market in the world.

The 2021 annual Demographia international housing affordability report, which is a scaled down version of previous years’ reports, looks at housing affordability in Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, UK and the US.

It ranks 92 major housing markets – with populations of more than one million – in eight countries based on the median multiple, which measures median house price divided by gross median household income.

According to the report, Auckland now has a “median multiple” of 10.0. That’s up from 8.6 last year when it was the equal sixth most unaffordable market with Toronto, and from 6.4 in 2010, just a decade ago.

Regions with house prices more than three times the median regional income are considered unaffordable, so Auckland’s median multiple makes it severely unaffordable.

Read more here:

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Do you think rising house prices in Auckland will hit a limit?
  • 25.4% Yes
    25.4% Complete
  • 51.6% No
    51.6% Complete
  • 23% Unsure- it's too complex
    23% Complete
457 votes
More messages from your neighbours
1 day ago

Q&A: Animal Welfare with SPCA's Dr Corey Regnerus-Kell

The Team from Neighbourly.co.nz

We're back with a Neighbourly Q&A session. This time with Dr Corey Regnerus-Kell who is a qualified veterinarian and SPCA’s General Manager Animal Services.

A little bit about Corey:
Corey has an interest in veterinary medicine, animal welfare, and biosecurity. He shares his home with ostriches, guinea pigs, bees, a rescue tortoiseshell named Lynk, a ragdoll named Oscar, two mini foxies called Chester and Maya and a black Labrador named Bonnie.

Dr Corey Regnerus-Kell is excited to answer your questions on all things animal welfare, whether it's how to best look after your new pet, how to combat separation anxiety or how to report neglect. ↓ Share your questions below and he will answer them on Wednesday 31st July ↓

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4 days ago

Poll: Should you ask before planting tall shrubs/trees near your property line?

The Team from Neighbourly.co.nz

It may be fine now but in a few years trees can block out light or views for neighbours.

Do you think neighbours should ask before they go ahead and plant these?

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Should you ask before planting tall shrubs/trees near your property line?
  • 69.5% Yes, always ask
    69.5% Complete
  • 29.5% No
    29.5% Complete
  • 1% Other - I'll share below!
    1% Complete
1562 votes
19 days ago

Let's get social

The Team from Neighbourly.co.nz

Tell us what groups you'd like to see in your area...(walking groups, coffee meet-ups, swing dancing, a family tree group - anything at all!)

Or if you are already in a great group, share it here for others to get involved.

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