Bridging the Gap of Supply and Demand – Auckland Property

New Zealand Reserve Bank Head says it could take some time to bridge the gap between Auckland housing supply and demand. A quite aggressive target has been set it add an additional 39,000 houses to the Auckland region over the next three years but that may fall short of meeting the demand. Essentially the decision to kick start the housing development has come a little late and supply of housing in Auckland may not meet demand for at least five years. Read more

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