Prices not the only obstacle for house buyers

So unless you had a job paying you more than $300,000 a year, you made more money from your house than you did from your day job. That’s about 98 per cent of us.
After missing out on actual houses, we started making offers on sections and marginal land instead. We knew things were bad when we missed out on a tide surge-prone section with an unconsented garage on it, despite offering a generous $750,000.
Like many others we decided that Wellington had priced itself out of our wallets, so we started looking elsewhere.
Kevin Stent/Stuff
Mike O’Donnell: “We knew things were bad when we missed out on a tide surge-prone section with an unconsented garage on it.”

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