The Herald’s Home Truths series examines the causes of our growing housing unaffordability crisis and explores possible solutions. Follow the full series here.
Runaway house prices have put almost 90 per cent of the Auckland housing market out of reach for typical first home buyers.
Exclusive figures supplied to the Herald by property data company Core Logic show buyers can afford only 11 per cent of all houses in the region at the traditional affordable housing benchmark of about $450,000.
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