Auckland Rental Has Room to Move Up

[Damap]

We are fine till we hit 10 billion. Then the third world will die from starvation. We have no technology to feed more than 10 billion. And if they are all Americans that's about 2 billion :-)

[chrisgoh]

Rents in Auckland rise by up to 10%

Rents will ultimately catch up with price...

[mortgage broker]

In a world of low returns perhaps people are happy with a 3% on rent with possible capital gain.

[chrisgoh]

Yes, 3% may be the new norm for growing cities like Auckland.

[Damap]

Still better than Sydney :-)

[PTILoveYou]

The Food Pyramid (invented by the Muricans in the mid 70s) is actually doing pretty well to keep the mortality rate up via increased rate of metabolic syndromes such as heart disease, diabetes etc to keep the population growth rate down in the western world.