House prices now at a record 8.8x NZ incomes

Submitted URL: https://businessdesk.co.nz/article/property/house-prices-now-at-a-record-88x-nz-incomes 

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Home ownership is further away from New Zealanders than ever, as average residential prices climb to a record 8.8 times the average household income.

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Australia is getting like that too. I had my boomer mother tell my friend and me the other day that young people buying takeaway coffee is the problem...

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