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New Zealand's housing costs soar, with low-income families spending over 40% of income on housing.
In New Zealand, housing costs have surged, with a third of low-income households spending over 40% of their income on housing.
Despite a 5.5% rise in average household income, weekly rent and mortgage payments increased by 9% and 8.7%, respectively.
The cost of living also rose by 5.4%, and about 9.4% of households faced material hardship.
Experts suggest that lower interest rates and reduced migration pressures might offer some relief.
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Los costos de la vivienda en Nueva Zelanda se disparan, y las familias de bajos ingresos gastan más del 40% de sus ingresos en vivienda.