The median dwelling price in New Zealand is now almost 30 per cent less than in Australia, according to Cotality data. But can cheaper housing attract people back to New Zealand? And how much does housing affordability – vs things like wages after tax – matter when a person is choosing where to live? Stuart Donovan is a senior fellow at Motu Economic and Public Policy Research. He’s been looking at what he’s been referring to as the “Trans-Tasman housing battle” and joins Emile to discuss.
Photo: RNZ / Quin Tauetau