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Right, but that's one area in a huge country. 5 times is the median across my entire country, most of which is provincial and rural, and which only has a single
by lacampbell 10y ago
Right, but that's one area in a huge country. 5 times is the median across my entire country, most of which is provincial and rural, and which only has a single city over 1 million.
- eliben 10y agoWell, this "one area" has significantly larger population than the whole of NZ, but I take your point. I think you're trying to point out the low salaries of SW developers, because I find it hard to imagine homes in non-central areas are very expensive? P.S. I <3 NZ
- lacampbell 10y agoNo, it's much more a case of over-priced homes [1] than under priced developers. Even homes in non-central areas are very expensive - not to mention of a very low standard Here's [2] an insulated house with no central heating and single glazed windows in a town of 20k people going for $125,000 USD. No real employment opportunities unless you work for local government or commute 50km. No Lord of the Rings style vistas in the Horowhenua either, it's drained swamp. [1] http://www.newshub.co.nz/home/money/2017/03/new-zealand-housing-most-unaffordable-in-the-world-the-economist.html http://www.newshub.co.nz/home/money/2017/03/new-zealand-hous... [2] http://www.realestate.co.nz/3036902 http://www.realestate.co.nz/3036902