Poll: Do you think rising house prices in Auckland will hit a limit?

Caryn Wilkinson Reporter from Community News

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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Do you think rising house prices in Auckland will hit a limit?

• Yes
• No
• Unsure- it's too complex

Vote View Results

• 20% Yes
  20% Complete
• 52.5% No
  52.5% Complete
• 27.5% Unsure- it's too complex
  27.5% Complete

40 votes

Who needs a plant doctor?

Mikaela Wilkes Reporter from Homed

Are your houseplants looking worse for wear? The experts at Kings Plant Barn would love to help. Send us your houseplant questions and problems to homed@stuff.co.nz, or leave them in the comments, for the houseplant doctor to diagnose. Pictures are encouraged.

Trio Jackson concert : school fundraiser!!!

Vanessa from St Heliers

Hey everyone - we're doing a fundraiser for our school. Please join us on 12 March. Why?
1. Have you heard of kiwis supporting local tourism? Tourism get's more media attention than musicians, but our local musicians have been hit by covid too. By coming, you'll be supporting some amazing local musicians of international quality. They can't travel overseas right now - so the world's loss is our gain.
2. It supports the school.
Our son's school does a lot of extra-curricular camps where kids learn about the natural environment and do real-life confidence-building. All profits go to their extra-curricular camps.
3. We're really lucky we can actually go to live events like this. Grab the chance!!!
4. Most importantly, the music is incredible and you'll have a great time with friends and family.
Trio Jackson plays music that is live, moving, warm, emotive, and engaging. People who see them play frequently use words such as "mesmerizing" and "spellbound" to describe their performances.
Literally, they use a combination of guitar and violin to travel through an elaborate array of Spanish, gypsy, jazz and original music - but really, hearing them is like hearing what love sounds like, as expressed through stringed musical instruments.
"OK - enough, I'm coming, when is it?"
* 7.30pm Friday 12 March.
Just say "i'm in" below and I'll arrange the rest.
See you there !!