1347 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:

www.stuff.co.nz...



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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
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22 hours ago

Poll: How should Guy Fawkes be celebrated?

The Team from Neighbourly.co.nz

While it is a fun occasion, fireworks on Guy Fawkes Night has caused much conflict over the years, upsetting our pets and disrupting the sleep of neighbours.

How should we celebrate Guy Fawkes Night? Vote in our poll and share your thoughts below.

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How should Guy Fawkes be celebrated?
  • 27.8% With a city-wide public fireworks display
    27.8% Complete
  • 21% Small fireworks displays in each community
    21% Complete
  • 7.9% Keep it as is
    7.9% Complete
  • 31.5% We shouldn't celebrate it!
    31.5% Complete
  • 11.3% Anything but fireworks
    11.3% Complete
  • 0.4% Other - I'll share below
    0.4% Complete
1146 votes
19 days ago

What's your favourite recipe for gooseberry?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Love gooseberries? Share your favourite way to enjoy them. We're looking for our readers' favourite family recipes for this delicious crop. Send yours to mailbox@nzgardener.co.nz, and if we use it in the magazine, you will receive a free copy of our December 2024 issue.

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S
2 hours ago

Manurewa Library Tamariki Market - Saturday 7 December

Sonia from Flat Bush

Manurewa Library is holding a Tamariki Market on Saturday 7 December, 9.30 - 12, 30 pm. This is a great opportunity for young people to fundraise for Christmas, holidays or special projects. Please share this panui with young creatives so they can "book a space" to sell their crafts, sewing, knitting and baking etc. Phone Sonia at the Library on 262-5273 to book a space at the Tamariki Market.

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