Editor’s Insight: Auckland’s costs are among the world's highest but so are the incomes
A Swiss bank says Auckland's high cost of living is offset by high earnings.
Nevil Gibson discusses his latest Editor's Insight on NBR Radio and on demand on MyNBR Radio.
Mon, 28 Sep 2015
An overlooked feature in the income inequality and affordable housing issues is that the most expensive places and are also where the incomes are highest.
Researchers at the Swiss Bank UBS establish this beyond doubt in their annual Prices & Earnings report (See report attached here) which
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