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> As it is out biggest city, Auckland, is experiencing insanely high house prices that folks in the Bay area would grimace at.

I was a little surprised by this comment and wondered how true it actually was. According to Numbeo, rental prices in Auckland are 67% lower than SF. Likewise property purchase prices are between 66% and 71% lower on a price per square metre basis. Something worth noting these figures are for SF on average, not just the Bay Area.

http://www.numbeo.com/cost-of-living/compare_cities.jsp?coun...

Edit: Formattting



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