12 Aug 2021

Kaikohe house prices and rents rising while incomes stagnate

From Morning Report, 7:34 am on 12 August 2021

West of the Bay of Islands lies Kaikohe - one of the last places in Aotearoa where you can buy a house for under $300,000.

But over the last decade, prices and rents have risen at the same blistering speed as the rest of the country - and incomes have not.

Sam Olley spoke to some Kaikohe locals, struggling with the rapidly rising cost of shelter.