Is The Kiwi Bach Still Affordable?
Friday, 15 January 2021, 5:39 pm Latest Census data from Stats NZ suggests 10% (191,646) of New Zealand dwellings are unoccupied – a figure which includes bach ownership. The regions around the country with the greatest proportion of unoccupied dwellings are those with large numbers of holiday homes, including Great Barrier Island 51%, Waiheke 36%, Thames-Coromandel 49%, Taupo 32%, Ruapehu 33%, MacKenzie District 42% and Queenstown-Lakes 28%. The Census data shows a decline in the number of unoccupied dwellings in recent years which may suggest supply pressure on the property market is mak...
Source: scoop.co.nz