"He wants to return to Auckland but looking online at house prices, including rentals, and the job market, he can't see how he can afford to live here. This story is not new, but clearly illustrates the impact New Zealand's low-wage economy and high house prices is having on the young and their families. Church says Aucklanders, while less bullish about house price increases, are still not buying into talk of a "correction" in house prices. "While fewer Aucklanders are expecting house prices to increase - significantly more of them are expecting them to stay the same over the next six months. Only 6 per cent of Aucklanders are expecting house prices to drop."

Source: New Zealand Herald May 19, 2017 01:30 UTC