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Opinion
Home / Business / Personal Finance / Investment

What needs to happen to make NZ housing more affordable?

Opinion by
user-generated content
23 Jan, 2011 07:41 PMQuick Read

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Photo / Brett Phibbs

Photo / Brett Phibbs

New Zealand houses are among the world's most expensive when incomes are taken into account - and Auckland and Tauranga homes are less affordable than those in New York, says a major survey released today.

Low incomes and high house prices are leaving Kiwis badly off and preventing many from
climbing onto the housing ladder.

The seventh annual Demographia International Housing Affordability Survey of 325 cities and regions has given us the thumbs down, putting New Zealand alongside Australia, Britain, the United States, Canada and Ireland as among the world's worst housing markets.

What needs to happen to make NZ housing more affordable? Here is the latest selection of Your Views:

Discover more

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First-time buyers find they have to pay more

23 Jan 04:30 PM
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23 Jan 04:30 PM
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