Apparently buyers started lining up in Beachlands to buy a house section, and spent the night sleeping in their car so they could score a section.
Apparently there is nothing to buy and people are becoming desperate enough to sleep in their cars to be first in line.
Auckland’s property market has become so frantic that desperate home-buyers have resorted to sleeping in cars overnight in the hope of securing one of 12 sections when they go up for sale this morning.
Due to high demand, the release of the third stage of sections at the new Ti Toki Lanes subdivision in Beachlands has been done on a first-in, first-served basis.
The site opens at 9am today and interested parties have been given a ticket prioritising their right to purchase a section, priced from $425,000, in order of their vehicle arrival.