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Hammond clinic named after longtime doctor after 6-figure endowment
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Million dollar dumps: Publicly owned properties fall to rack and ruin
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RYAN ANDERSON/STUFF
Property demand continues to outstrip supply, driving record median prices even higher. In Auckland, where the average house price is more than $1 million, there’s a jarring number of empty derelicts.
New Zealand is in a housing crisis. Around the country, the demand for property continues to outstrip supply, driving record median prices even higher. Last month
Stuff featured Auckland s million-dollar dumps – derelict residential properties worth seven figures. In part two of Caroline Williams’ investigation, she reveals some of the million-dollar dumps owned by the Auckland Council and the Government. To the side of East Auckland’s Te Ara ki Uta ki Tai cycleway, nestled in overgrown greenery, is a building that wouldn’t get a second glance if it weren’t for hot pink graffiti.
Million dollar dumps: Publicly-owned properties fall to rack and ruin
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.