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HOUSING NEW ZEALAND 16

January 11 2017, at 03:52 PM

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A view of downtown Auckland, New Zealand from Achilles Point in the nearby suburb of St. Heliers, Jan. 6, 2017. A four-bedroom cliffside villa in nearby Glendowie is on the market for $2.74 million. (Mark Coote/The New York Times) - XNYT154

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