Half think median price rise for houses is ‘good’

Many hope more of the same would clear Gisborne of empty shops.

Many hope more of the same would clear Gisborne of empty shops.

OVER the past year median house prices in Gisborne increased 23 percent, a trend just over half of online voters thought was a “good” thing in this week’s Gisborne Herald opinion poll.

Those who voted “good” (54 percent) hoped more of the same would see the empty shops in Gisborne disappear, with one saying it was “about time Gisborne caught up to the rest of the country”.

“Otherwise we look like a backward place,” wrote another.

Those who found the increase “a concern” (38 percent) were either in the market looking to buy a house, or felt the world discovering Gisborne was the inevitable result of people escaping “nasty” parts of the world and “wanting the laidback and comfortable lifestyle we enjoy”.

One of those who supported the higher property prices said: “It was a good thing for home-owners, and even better for real estate agents and foreign speculators taking advantage of new lending rules and a lack of capital gains tax.”

Others who voted “good” said: “Time for me to buy a few dozen more houses.”

“New Zealanders are clearly waking up to the economic benefits of Gisborne housing.”

Those still saving for a deposit were not so pleased.

One respondent who voted “a concern” said: “Out-of-town and overseas investors are driving up prices, making it impossible for locals to buy. A house is a home not an investment. Local housing for local people.”

“This benefits nobody. Hard for Gissy first home buyers,” said another “concerned” voter.

Only 8 percent voted that they were “not affected.”

But one of those said: “NZ once had the highest home ownership per capita in the world, thanks to Housing Corp. Impossible now for newly-weds to get on the ladder without family backing.”

OVER the past year median house prices in Gisborne increased 23 percent, a trend just over half of online voters thought was a “good” thing in this week’s Gisborne Herald opinion poll.

Those who voted “good” (54 percent) hoped more of the same would see the empty shops in Gisborne disappear, with one saying it was “about time Gisborne caught up to the rest of the country”.

“Otherwise we look like a backward place,” wrote another.

Those who found the increase “a concern” (38 percent) were either in the market looking to buy a house, or felt the world discovering Gisborne was the inevitable result of people escaping “nasty” parts of the world and “wanting the laidback and comfortable lifestyle we enjoy”.

One of those who supported the higher property prices said: “It was a good thing for home-owners, and even better for real estate agents and foreign speculators taking advantage of new lending rules and a lack of capital gains tax.”

Others who voted “good” said: “Time for me to buy a few dozen more houses.”

“New Zealanders are clearly waking up to the economic benefits of Gisborne housing.”

Those still saving for a deposit were not so pleased.

One respondent who voted “a concern” said: “Out-of-town and overseas investors are driving up prices, making it impossible for locals to buy. A house is a home not an investment. Local housing for local people.”

“This benefits nobody. Hard for Gissy first home buyers,” said another “concerned” voter.

Only 8 percent voted that they were “not affected.”

But one of those said: “NZ once had the highest home ownership per capita in the world, thanks to Housing Corp. Impossible now for newly-weds to get on the ladder without family backing.”

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