Spending on housing growing faster than income – experts not surprised
Spending on housing is growing faster than the rate of income according to Statistics NZ.
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Spending on housing is growing faster than the rate of income according to Statistics New Zealand.
The latest household economic survey of income has revealed the average household income has risen 9.1% in the last two years; from $81,227 to $88, 579. (See graph below)
Within the same period,
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Jason Walls for NBR NZ Property Investor
Tue, 02 Dec 2014
Tue, 02 Dec 2014
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Spending on housing growing faster than income – experts not surprised
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