1153 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...



*Please put NFP if you do not want your comments used by Stuff.

Image
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
3 days ago

Poll: Does the building consent process need to change?

The Team from Neighbourly.co.nz

We definitely need homes that are fit to live in but there are often frustrations when it comes to getting consent to modify your own home.
Do you think changes need made to the current process for building consent? Share your thoughts below.

Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.

Image
Does the building consent process need to change?
  • 91.4% Yes
    91.4% Complete
  • 8.2% No
    8.2% Complete
  • 0.4% Other - I'll share below!
    0.4% Complete
1064 votes
S
1 day ago

Chicken Gizzards!

Sunita from Royal Oak

Kia ora Neighbours

I purchased a pack of chicken gizzards from Pak n Save, Royal Oak on Fri 19 April 2024. The net weight of the packet was 1.280Kg. Up on cleaning the gizzards before cooking, I removed 330g of inedible portions. I consider this as fraud because the store charged me for 1.280Kg of gizzards but sold me 950g for the price (photos attached-inedible bits circled in blue).

I took up with matter with Pak n Save, Regional Office and they forwarded my complaint to the Royal Oak store for investigation. The Royal Oak Pak n Save have advised that they are discussing the matter with their supplier, Tegel. During the communication, it was stated by the store that in the week beginning 15 April, they sold 104 packets of chicken gizzards and have not had any other complaints.

If anyone else has purchased Chicken Gizzard from Pak n Save, Royal Oak, have discovered inedible bits in the packet and think that this practice needs to stop as it is resulting in customers being overcharged, please raise the issue with Pak n Save, Royal Oak.

Thank you!
Sunita

12 hours ago

Lest we forget...

The Team from Neighbourly.co.nz

On this ANZAC Day, let's take a moment to remember and honor the brave men and women who have served and continue to serve our country.

Tell us who are you honouring today. Whether it's a story from the battlefield or a memory of a family member who fought in the war, we'd love you to share your stories below.

Image