A $120,000 annual salary was not enough for one family to buy a house in Auckland - so they're moving to Wellington. Mr Kakroo moved to New Zealand with his family in 2010 from India, working as a business analyst for Sky and renting a home in Epsom. Amit Kakroo said after 18 fruitless months spent trying to find a family home at housing auctions he and his wife have given up on Auckland. We just gave up," Mr Kakroo told the Herald. Like a lot of Kiwis, Mr Kakroo said he and his wife were emotionally invested in the idea of owning their own home.

Source: New Zealand Herald July 04, 2016 17:00 UTC