Why Auckland, NZ is Too Expensive to Live In (How to Fix it)
An Economic Competitiveness Agenda for all Aucklanders
Auckland stands out as the only city in our sample to experience falling discretionary income. In all, discretionary income fell $96 per week in real terms between 2008 and 2018 (approximately 5.8 per cent of annual gross household income).
While public focus has centred on housing costs of late, Auckland faces three headwinds simultaneously:
- Income growth for the median household is sluggish compared to other cities.
- Basic expenditure is increasing faster in Auckland than elsewhere.
- Auckland house prices have risen more than all cities in Australasia, with the possible exception of Sydney.
Learn more in the link below
www.maximsherstobitov.nz...
Five winners this week...
Congratulations to these winners of our $100 Warehouse vouchers:
Damon Facoory from Whanganui
Rachelle Reihana from Frankton
Sonia Columb from Aranui
Elise Volwieler from Motueka
Vera Zheng from Te Atatu
Winners, claim your $100 Warehouse voucher before 13 August. Get in touch here
Happy Tuesday neighbours, here's a riddle to get your mind going.
I am beautiful, up in the sky.
I am magical, yet I cannot fly.
To some I bring luck, and to some, I bring riches.
The boy at my end does whatever he wishes.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed? No worries! Simply head here and click once on the Following button.
Poll: Should you ask before planting tall shrubs/trees near your property line?
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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69% Yes, always ask
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29.9% No
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1.1% Other - I'll share below!
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