Owen Vaughan: OneRoof Editor on rising housing affordability

It's positive news for hubs like Auckland and Wellington where housing affordability gains have been most visible.  Cotality NZ’s new report finds the national value-to-income ratio reached its lowest point since mid-2019 in the June quarter, at 7.5%.   One Roof Editor Owen Vaughan told Ryan Bridge buyers should target housing pockets like Auckland's Otara, where's there a lot of value.  He says prices have come down around 20% since Covid, and houses can go for around 600 thousand dollars.  LISTEN ABOVE See omnystudio.com/listener for privacy information.