News
Affordability report questioned

Tuesday 21st of January 2014
The Demographia survey compares housing costs in nine countries.
The latest update ranks Auckland as the eighth-most unaffordable of the 360 cities surveyed, using Statistics NZ, REINZ and census data.
It uses a “median multiple” approach that relates housing costs to household income. Markets ranked above 5 on that scale are “severely unaffordable".
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