Tagged: housing affordability

An official target for house prices to disposable incomes - The Dismal Science

Michael Reddell Oct 19, 2015

Getting back to thinking about housing issues, in preparation for a speech next week, I noticed that the Auckland Council’s Development Committee had adopted a target of reducing the Auckland ratio of median house prices to median disposable income to five (from around ten at present) by 2030. The target appears to have been adopted following the recent … Read More