22 Jan 2018

Major housing markets in New Zealand 'severely unaffordable'

From Morning Report, 8:24 am on 22 January 2018

New Zealand's major housing markets are "severely unaffordable" according to the latest Demographia survey, out today. Auckland homes have been ranked the ninth most unaffordable in a survey of more than 400 major cities in nine countries. But Tauranga is even less affordable than Auckland. Hugh Pavletich is a co-author of the Demographia study and joins Susie Ferguson to discuss the results.