23.01.2012 - NZ housing 'severely unaffordable'
An annual international survey on house prices is pointing to difficulties in the post-earthquake rebuilding of Christchurch as an example of failed urban governance and planning. It also sees the establishment of the Auckland super city as a particular risk for New Zealand. The eighth annual Demographia International Housing Affordability Survey looks at housing affordability in 325 urban markets in the United States, Britain, Canada, Australia, Ireland, Hong Kong and New Zealand...............................................Full Article: Source
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