Liam Joyce and Alex Wood with their lunch from Burger Fuel, Lincoln Road. Photo / Michael Craig
Liam Joyce and Alex Wood with their lunch from Burger Fuel, Lincoln Road. Photo / Michael Craig.  Smart Kiwis Avoiding the Debt Trap of Fine Dining.
A NZ Debt Commissioner has dubbed a 3km stretch of road featuring more than 30 expensive fine dining restaurants as  "Bankruptcy Alley".  In Central Auckland, the Viaduct precinct, Vulcan Lane and O'Connell Street offers an astonishing 33 high priced restaurants, 30 of which will force patrons into even more credit card debt, such is the exorbitant cost of their meals.  The remaining three have only two items on the menu,  so the bankruptcy risk is not as great.

Debt Commissioner, David Impecunious described it as a "shocking commentary on our exorbitant, gratuitously wasteful, first-world country".  "I don't think it would be going too far to call it Bankruptcy Alley - call it what it is. If it's going to be contributing to people's increased use of credit card debt, it's going to cause more financial stress, leading to more heart attacks and strokes--and even suicides  Yes, let's call it for what it is."

He said it was compounding an environment where being in debt was the norm.