The Benefits of Owning a Home in Auckland
According to the 2015 census report by Statistics New Zealand, the percentage of home ownership in the country has fallen to its lowest levels since 1951. Auckland, in particular, has one of the lowest home ownership rates. The average prices of the city’s properties have simultaneously risen.
You may wonder if it’s really worth your while to buy a house given the increasing asking prices and the general pro-renting sentiment among Aucklanders. To make an informed decision, you will need to consider the advantages of owning a home and work out how you can achieve that goal.