1153 days ago

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

Reporter 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.

Read more here:

www.stuff.co.nz...



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Do you think rising house prices in Auckland will hit a limit?
  • 25.4% Yes
    25.4% Complete
  • 51.6% No
    51.6% Complete
  • 23% Unsure- it's too complex
    23% Complete
457 votes
More messages from your neighbours
3 days ago

Poll: Does the building consent process need to change?

The Team from Neighbourly.co.nz

We definitely need homes that are fit to live in but there are often frustrations when it comes to getting consent to modify your own home.
Do you think changes need made to the current process for building consent? Share your thoughts below.

Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.

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Does the building consent process need to change?
  • 91.4% Yes
    91.4% Complete
  • 8.3% No
    8.3% Complete
  • 0.3% Other - I'll share below!
    0.3% Complete
1012 votes
5 days ago

Kauri Glen Reserve treetop bridge and boardwalk now open!

John Gillon from John Gillon - Kaipatiki Local Board

NEWSFLASH: The wait is over and the Kauri Glen Reserve treetop bridge and boardwalk is NOW OPEN to the public! Check it out!

And please join us for our official opening/celebration in a couple of weeks!
➡️ When: 12pm Sunday 28 April
➡️ Where: Kauri Glen Road entrance to Kauri Glen Reserve
➡️ Facebook event: www.facebook.com...
Free BBQ! Walk the new track!

This is a new step-free route between Kauri Glen Road and Tui Glen Road, with a refurbished track (including steps) to Raymond Terrace. The new bridge is around 6 storeys high with a very impressive view of the forest tree tops.
The new tracks, bridge and boardwalk have been built to a standard to help prevent the spread of kauri dieback disease, which is especially important in this park.
*** Please always clean your shoes, bikes, prams and wheelchairs at the stations. ***

Note: We made the decision to allow public access earlier than expected to prevent further damage to the forest by those who were throwing the fences into the trees 🙁

- Funded by the Kaipātiki Local Board and Natural Environment Targeted Rate.