PHOTO: Real Estate Agents

OPINION: I guess a consequence of a booming housing market is more people flock to real estate as a career, but with the news Auckland has one agent for every 250 people, we have reached saturation point.

Stuff reported that 44 percent – or 6515 – of New Zealand’s real estate agents work in the overblown and overpriced Auckland market. It’s not surprising given the city’s house prices have shot through the roof in the past four years.

But do we really need so many? And would we miss real estate agents if the profession suddenly ceased to exist?

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