Poll: Do you think rising house prices in Auckland will hit a limit?
Auckland houses are less affordable than those in all but three other cities from eight countries surveyed for the 2021 Demographia international housing affordability report.
It’s now more affordable to buy a house in San Francisco or London than in Auckland. A new report has ranked the Super City as the fourth least affordable housing market in the world.
The 2021 annual Demographia international housing affordability report, which is a scaled down version of previous years’ reports, looks at housing affordability in Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, UK and the US.
It ranks 92 major housing markets – with populations of more than one million – in eight countries based on the median multiple, which measures median house price divided by gross median household income.
According to the report, Auckland now has a “median multiple” of 10.0. That’s up from 8.6 last year when it was the equal sixth most unaffordable market with Toronto, and from 6.4 in 2010, just a decade ago.
Regions with house prices more than three times the median regional income are considered unaffordable, so Auckland’s median multiple makes it severely unaffordable.
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25.4% Yes
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51.6% No
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23% Unsure- it's too complex
Poll: Are quality products on the decline?
Gift-giving looks a lot different these days when you can pick up super-cheap goods made overseas. But do they last?
Do you have any old items like appliances, electronics or clothing that have stood the test of time? Share below!
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91.9% Yes
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7.2% No
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0.9% Other - I'll share below
Kmart duvet recall
Kmart will be recalling a number of their Anko duvet sets.
What you need to know:
- The recall is involving Christmas-themed duvets: Mrs & Mrs Claus Reversible Queen Size Bed Quilt Cover Set and Christmas Elf Reversible Single Bed Quilt Cover Set
- A recall of the products began in Australia following health concerns from several families.
- One woman said she thought she was having a heart attack after using one of the products which smelt of diesel.
- One customer said she’d purchased the quilt covers and said they smelled like gas. Another mum said hers did not have that smell but claimed her son developed a rash that only went away when he stopped using the product.
- The product is no longer available for purchase on the Kmart website.
Regardless of whether you have experienced an issue, customers who have purchased this item may return the product to store for a refund.
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