A significant wave of emigration—often referred to as a modern "brain drain"—has driven many residents, particularly young professionals and skilled workers, to leave New Zealand. The primary economic drivers pushing people away include a severe housing affordability crisis, lower average wages compared to neighboring countries, a high cost of living, and limited domestic career diversification. Many citizens move across the Tasman Sea to Australia, where salaries are substantially higher and paths to wealth accumulation and homeownership are perceived as far more attainable.
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