News

Aucklanders spend most on housing

Friday 17th of January 2014

It comes after a report that showed New Zealand’s housing costs were the second-highest in the OECD, behind Greece.

In the country’s biggest city, 17.8% of total household income goes to housing costs.

That is down from the percentage spent on housing in 2011 but significantly above the New Zealand average of 16%.

In Canterbury, only 12.7% of household income...

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