News
Housing Minister addresses REINZ on affordability crisis
Wednesday 20th of September 2006
“It has got far harder for our kids to get on the same property ladder we have benefited from so spectacularly,” he said.
With median house prices rising to eight times the average household income in Auckland, growing numbers of 25-44 year-olds on moderate incomes are simply unable to buy a house, and this is fuelling what the Minister described as “a significant...
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