Dream of an urban paradise
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;
Read More - Opens in a new window
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.