Bargain homes are to be had in New Zealand but here’s the catch: floods

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Source: South China Morning Post
Published: 2026-07-07 12:00 UTC+10:00
Section: New Zealand
Factuality Score: 100
Opinion Category: Neutral
Topics: Natural Disasters, World News, Environment & Climate, Asia Pacific
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Snippet:
In Auckland, where thousands of properties were swamped in 2023, buying a home in a flood-prone area offers discounts of up to US$60,000
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