One of the biggest political issues today is the issue of Housing Affordability, particularly in our largest city, Auckland. Auckland is one of the least affordable housing markets in the world. We hear about the issue on what feels like a daily basis, yet despite the Government tinkering around the edges average house prices are still increasing by close to 20% compared to this time last year.
Auckland is New Zealand’s fastest-growing city, it is by far our largest city now, and set to get even bigger. “Auckland is projected to grow by a million people over the next 30 years. That equates to more than 600 people a week who are either born here, move here or return to Auckland for […]
Day in, day out – there seems to be some sort of article about housing affordability. One day there’s an article on interest rates and what it means for mortgage holders, the next day there’s a report from a real estate agency on the current trends in the residential housing market, and the day after […]