- Middle class Aucklanders are becoming “disenfranchised” by the cost of housing in the city, according to prominent businessman Michael Stiassny.
Stiassny, who is chairman of Vector and senior partner of KordaMentha, told an Auckland University Business School panel on Monday that Auckland’s property market is undermining the sustainability of the city.
“The middle class is being disenfranchised and disappearing,” Stiassny said.
