Queenstown locals are struggling to stay in the town with house and rental prices soaring.
Queenstown's million-dollar dream is turning into a housing nightmare as locals are priced out, homes sit empty, and homelessness grows
Queenstown's postcard-perfect image is increasingly masking a growing crisis - one where soaring house prices, empty holiday homes and a shortage of affordable rentals are leaving many locals struggling to survive or find a bed for the night.
The southern resort town, long seen as one of New Zealand's most glamorous destinations, is also one of its least affordable places to live, with an average house price of more than $1.8 million, well above the rest of the country. The national asking price is just over $900,000.
And rent for a standard three-bedroom home in the region is now about $1000 per week.
