PROPERTY AFFORDABILITY
Posted on August 20th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
It’s now much harder for single people on high incomes and middle-income couples to buy homes than it was ten years ago. A study by the Productivity Commission and Treasury shows that by the end of the last property boom, only 31% of those who did not own a house could afford to, compared to […]
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