Positive aspects of Auckland life are its mild climate, plentiful employment and educational opportunities, as well as numerous leisure facilities. Meanwhile, traffic problems (compared to other New Zealand cities), the lack of good public transport, and increasing housing costs have been cited by many Aucklanders as among the strongest negative factors of living there, together with crime. Nonetheless, Auckland current ranks 5th in a survey of the quality of life of the world's top 55 cities (2007 data, rank unchanged from 2006). In 2006, Auckland placed 23rd on the UBS list of the world's richest cities.
Auckland is popularly known as the "City of Sails" because the harbour is often dotted with hundreds of yachts and has more per capita than any other city in the world, with around 135,000 yachts and launches estimated. Around 60,500 of the country's 149,900 registered yachtsmen also come from the Auckland Region. Viaduct Basin also hosted two America's Cup challenges (2000 Cup and 2003 Cup), and its cafes, restaurants, and clubs add to Auckland's vibrant nightlife. With the sheltered Waitemata Harbour at its doorstep, Auckland sees many nautical events, and there are also a large number of sailing clubs in Auckland, as well as Westhaven Marina, the largest of the Southern Hemisphere.
High Street, Queen Street, Ponsonby Road, and Karangahape Road are also very popular with urban socialites. Newmarket and Parnell are up-market shopping areas, while Otara's and Avondale's famous fleamarkets offer a colourful alternative shopping experience. Newer shopping centre-type developments in the Auckland area tend to be outside of the older city centres, with Sylvia Park (Sylvia Park, Auckland City), Botany Town Centre (Howick, Manukau City) and Westfield Albany (Albany, North Shore City) being the three largest.
The Auckland Town Hall and Aotea Centre host conferences and cultural events such as theatre, kapa haka, and opera. Auckland also boasts a full time professional symphonic ensemble in the Auckland Philharmonia Orchestra.
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