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News Pick: House-price rises leave pay increases for dead


By New Zealand Herald

Kiwi wages have risen $34.53 on average in the past year while house prices have skyrocketed $38,000. 

The dramatic comparison of real estate prices outstripping people's pay is revealed in Massey University's Home Affordability Report quarterly survey, released yesterday.

Written by Professor Bob Hargreaves, it showed a national deterioration in home affordability in the past year and a rising gap between house prices in larger urban centres and provincial centres. Read more...

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  • News Pick: House-price rises leave pay increases for dead

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# Watson
Saturday, July 21, 2018 9:23 PM
I always get something new from your blogs. Thanks for sharing! Students

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