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.
Read more here:
www.stuff.co.nz...
*Please put NFP if you do not want your comments used by Stuff.
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25.4% Yes
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51.6% No
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23% Unsure- it's too complex
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
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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56.7% Yes, supporting people is important!
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27% No, individuals should take responsibility
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16.3% ... It is complicated
Outdated 'Recent Notices in New Zealand'
Can anyone here or from Neighbourly.co.nz please explain to me why we have the so called ''Recent Notices in New Zealand' a.k.a. death notices tab here on Neighbourly when if fact, the most recent death notice is from 2023?
I don't know if anyone has used this tab recently, if ever, I only used when looking for a friend's recent death notice.
If this isn't going to be updated or in fact be what they say it is, 'Recent Notices in New Zealand', then please replace it with something we can all access with up to date information, maybe bring back the groups option - just a thought.
Any ideas people?
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