Housing Affordability – It’s not a New Problem

Some commentators talk about housing affordability, especially in Auckland, as being a new problem blamed mainly on value increases over the past few years. Being able to afford a home is measured using a combination of factors including cost of property, average income and the prevailing interest rates.

Some commentators talk about housing affordability, especially in Auckland, as being a new problem blamed mainly on value increases over the past few years. Being able to afford a home is measured using a combination of factors including cost of property, average income and the prevailing interest rates.

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