Why New Zealand renters may be about to have it better than Australians

📌 Diğer 📰 RNZ News (NZ) 🕐 2 saat önce

A new report says NZ's median rent as a share of disposable income is 25.5% versus 23% for Australia, with the gap closing.

A recent report indicates that rental affordability in New Zealand is rapidly improving relative to Australia. While New Zealand's median rent currently consumes 25.5% of disposable income, this figure is converging with Australia's 23%. This suggests that the financial burden of renting is becoming more manageable for New Zealanders compared to their Australian counterparts.

This shift in rental affordability could significantly impact cost of living and housing accessibility for millions of people in both countries.

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