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.
-
25.4% Yes
-
51.6% No
-
23% Unsure- it's too complex
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
-
9.3% For. Self-service is less frustrating and convenient.
-
43.7% I want to be able to choose.
-
47.1% Against. I want to deal with people.
Rock'in with Elvis by Mike Cole
The Memories of Elvis Fan Club invite you to our 1st Elvis Social for 2026. We are excited to have our own Mike Cole back at the Te Atatu RSA on Saturday 28th February at 7.30pm. Cost only $20pp. Tickets are on sale at the RSA or reserve through Jackie 0274901126. So lets see you with your dancing shoes on and that great smile as we start off 2026 with a bang.
Room Available in Henderson
Have a furnished room available with king single bed and heat pump. In newer home, $200/week utilities and internet included. Prefer young lady as bathroom shared with lady in mid twenties. We are a friendly group. Message me if interested.
Loading…
