bwhahahahahahahaha
suckers, if yer aint from overseas with access to cheap credits, yer not gonna buy a house....go live under a bridge
http://www.nzherald.co.nz/business/n...ectid=11429699
A big state-owned site in Auckland once earmarked for social and affordable housing is being carved up for sale - and the first 50 houses will be sold privately at market rates.
The 24ha site formerly part of the Papakura army camp, between Walters Rd and McLennan Park, was bought by Housing NZ in June 2004 for $10.7 million. Its rating valuation has more than doubled to $23.4 million because of Auckland's desperate housing shortage, but no houses have yet been built.
snip
Instead, real estate agent Barfoot & Thompson yesterday advertised seven "super lots" of up to 16 sites each for sale by expressions of interest, with pre-designed two-, three- and four-bedroom houses designed by Studio of Pacific Architecture.
Housing NZ general manager of asset development Leonie Freeman said the release of 50 sites on 2ha would all be for private sale at prices that "will reflect the current market at the time of sale".
ahhh yeah, the market will provide.
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