House values outstrip incomes
Using World Bank measures, our housing is unaffordable to severely unaffordable in urban areas. With household incomes rising more slowly than house values, this situation looks unlikely to change any time soon.
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Using World Bank measures, our housing is unaffordable to severely unaffordable in urban areas. With household incomes rising more slowly than house values, this situation looks unlikely to change any time soon.
As the composition of New Zealand’s population ages and changes, so do housing preferences.