Rachel Cunliffe has blogged at the Stats Chat blog about the latest manufactured news story in the NZ Herald.
It really is too funny that they contradict their own story saying something completely different from May.
The most-read story on the NZ Herald right now is “Cost of home dream in Auckland –19 incomes“. Only six months ago, the NZ Herald published an infographic which showed that a median house costs 6.9 times the annual median household income in Auckland. It’s enough to make anyone confused.
The new article says:
“It would take 19 median incomes in Auckland to buy a home for the city’s median house price.
In the 1,119,195 Census forms filled out for Auckland, the median annual income was $29,600, a Herald analysis found.”
I checked with the Stats NZ Census figures (Excel spreadsheet) and found the $29,600 figure is for the usually resident population count aged 15 years and over. In other words, this includes everyone who is not in paid employment: all the students, retirees, parents who are staying at home, those on benefits and not working etc. Read more »