1. EachPod

How High Can House Prices Go? (vs Incomes)⎥Ep. 2141

Author
Opes Partners
Published
Tue 22 Jul 2025
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/How-High-Can-House-Prices-Go--vs-IncomesEp--2141-e35i6u1

In this episode, we ask a big question — what’s the real limit on house prices? Because many Kiwis wonder: If incomes don’t rise much … how can property prices keep going up?

We unpack:

  • The latest house price-to-income ratios across NZ (and how they compare internationally)
  • Whether Tauranga and Auckland are truly “the most unaffordable” – or if the data hides something deeper
  • Why DTI (debt-to-income) ratios might be more useful than price-to-income when assessing affordability

You’ll also hear why existing homeowners with high equity – not first-home buyers – might be the key to understanding what’s really driving the property market.

For more on the limits of affordability, check out our article on house prices NZ.

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