That's nonsense, says Martin Dunn of City Sales, a specialist Auckland apartment agent: there are thousands of Auckland City apartments to which census takers had no access, and from which they took no records. Says Dunn
The Census Department have confirmed to me that if they don’t get access they simply tick the “VACANT" box.Despite the stories of "vendors taking a bath" -- which, argues Dunn, are mostly vendors who have overpaid "off the plans" but find themselves in a bind when they have to actually settle on their purchase -- he says the apartment market is well- rather than over-supplied, and is "strong."
Hence the “thousands of vacant apartments in the city”.
What's your evidence?