Rise of the ghost homes – More than 33,000 Auckland dwellings officially classified empty

  • More than 33,000 Auckland dwellings are officially classified empty as the city grapples with a crisis of affordable housing and homelessness.

Auckland’s 6.6 per cent vacancy rate is higher than either Sydney (5.2 per cent) or Melbourne (4.8 per cent), where there has been an uproar over “ghost houses” deliberately left empty by speculators trading on a soaring market.

Critics such as Labour’s Phil Twyford claim the figures show the same is happening here, especially as the 2013 Census figures predate an increase in foreign buyers in 2014-2015.

READ MORE VIA NZHERALD

GHOST

City’s vacancy rate is greater than Sydney and Melbourne

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