James Shares Ep #3 - Housing Wars: Auckland vs Wellington
Auckland or Wellington? Where can Kiwis actually afford to buy a home? We dive deep into the startling affordability gap between New Zealand's two major urban centers, comparing hard data that reveals which city gives homebuyers more bang for their buck.
Drawing from 2024 Infometrics statistics, we unpack the critical metrics that matter to potential homeowners. Wellington shows promising signs with an affordability multiple of 6.3 – meaning the average household earning $148,000 faces a property price of $931,000. This places our capital region within striking distance of what financial…
The skinny
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