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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25.4% Yes
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51.6% No
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23% Unsure- it's too complex
Lost cat - Mt Eden
Still missing my girl 😔
Evie is a 14 year old grey tortie - quite pretty colouring (mainly grey with caramel) with some cream on her chest. No white on her at all. She has been missing since 16 November, 2023.
Please take a screenshot of this post so you have photos and my number handy in case you see her.
She likes people but might not let you pick her up so please take a video or photo if you see her and call me asap on 021 072 0933 (Anna).
She’s quite lean and small to medium size. When she’s happy she ‘talks’ ❤️ De-sexed and microchipped.
Last seen in Mont Le Grand Rd, Mt Eden. Please check your garage, shed, garden and under deck and house.
Apparently cats who are hiding don’t meow so please look carefully even if you don’t hear her. Thank you so much 🙏
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