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1444 days ago

Are Wellington houses unaffordable?

Nicholas Boyack Reporter from Community News

A rotting, near-derelict two-bedroom cottage that can’t be pulled down sells for $700,000.
The price for an entry level house often starts at $1 million, and queues extend down streets for the many young wannabes viewing the few properties on the market.
The Wellington City Council wants a more livable city, but many can’t afford to live and work in it, while others think proposed changes will remove what makes it so liveable in the first place.
The Wellington City Council has a Draft Spatial Plan that could radically change the city.
That includes more medium to high-density buildings in the CBD, particularly focused around prominent transport routes and hubs.
Many large character homes could be bulldozed to allow for high density apartments and multi-storey buildings.

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