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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
5 mins to read

NZ only country with severe housing unaffordability in every city

It's wrong to believe that house prices have always risen and will continue to rise, one academic says.

Julie Iles Mon, 20 Jan 2020

New Zealand’s housing market has again been scored as “severely unaffordable” in the latest Demographia International Housing Affordability Study.

The 16th annual study which compares the median income and median house prices in 309 cities across eight countries – New Zealand, Singapore,

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NZ only country with severe housing unaffordability in every city
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