Property Management

Dream of an urban paradise

The state of property present and future is outlined in a study which looks at the shape of Auckland over the next 50 years.

Monday, March 24th 2003

Auckland has about 400,000 homes and is growing by 21 houses a day. At this rate, we will need about 720,000 houses by 2050.

"Without some sort of strategy, twice as many houses in Auckland could mean a city stretching from Warkworth to Pukekohe," Lindsey writes.

"If this is not the kind of Auckland we want, perhaps there is another option. Maybe some people would not mind - even prefer - to live in houses with smaller sections. It would perhaps suit others to live in apartments with no section. A third group of people will probably still prefer a larger house in the suburbs."

* Just over one in every three homes in Auckland is rented;
* Auckland houses are worth nine times the average personal income before tax. Ten years ago, they were worth seven times the average personal income;



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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ASB Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
Kiwibank Special 6.79
Co-operative Bank - Owner Occ 6.79
ANZ Special 6.79
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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