Up to seven annual Auckland incomes would now be needed to buy a property in the city for its median house price.
Property prices for the region have rocketed by 118 per cent in the past 14 years to $504,142 last year, but wages have only gone up 57 per cent to a median of $73,372.
Wednesday, July 24, 2013
Infographic: Home affordability vs income - Property Graphics - NZ Herald News
Infographic: Home affordability vs income - Property Graphics - NZ Herald News
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