Since 2007 average annual household income has risen 42%.
Density is not a “dirty word,” says Evan Davies.
"Property developments and their shareholder and banking backers are usually pretty glad when a buyer comes along when they get into trouble, even if they took a bath on the price."
Auckland house prices rise for a second month.
"The rise in house prices is due to more expensive homes selling where LVR is not an impediment. Lower priced homes are struggling to sell."