More apartments needed

  • More and more Kiwis are choosing apartment over houses. In this High Life series, Homed explores what that means for the way we live.

Construction of new apartments is picking up pace but still lagging behind what is required to house a growing population, particularly in Auckland.

Some 2770 apartments are set to be completed in Auckland in 2017 – the largest number since the 2005 peak, when 3600 apartments were finished.

Even more apartments will become available next year, when a record 3840 are due to be completed.

READ MORE:
* The High Life: Two homes, one happy marriage
The High Life: Apartment lending ‘a minefield’
The High Life: 12 things you need to know about buying off plan

READ MORE VIA STUFF

Derek Flynn

In Australian cities like Sydney, high-rise living is common.

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