Poll: Do you think rising house prices in Auckland will hit a limit?
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.
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www.stuff.co.nz...
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25.4% Yes
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51.6% No
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23% Unsure- it's too complex
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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60% Yes, supporting people is important!
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25.7% No, individuals should take responsibility
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14.3% ... It is complicated
Auckland Seniors & Travel Expo
Neighbourhood locals are invited to the Auckland Seniors & Travel Expo, a relaxed and welcoming event bringing lifestyle, leisure, and travel together under one roof. Meet 50+ exhibitors showcasing travel ideas, retirement living, mobility solutions, health services, finance, and local clubs. Enjoy live music from Kulios, café seating, door prizes, and be in to win a Luxury Beachfront Escape for Two to Rarotonga.
North Harbour Stadium
28 February & 1 March
10:00am – 3:00pm
$10 entry
ENGLISH CHAT GROUP Glenfield Library, Bentley Ave, Glenfield
I'd like to start a weekly English Chat Group starting this Friday 20th February 1230 - 130pm at the Glenfield library. Open to anyone who needs help learni English & understanding some NZ sayings. We can share stories. Im keen to help my community. Call/text me 027 3862680 if youre interested to meet & I can book us a table 😁 Cheers Helen
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