Seven ways first-home buyers are getting into the market
Opinion: With the average house price in Auckland at more than $1 million, those hunting for their first property are up against it.
Matthew Dawe Sat, 02 Dec 2017
It’s no secret that buying a house in Auckland is a pipedream for many.
The Reserve Bank’s (RBNZ) lending rules mean the majority of home loans approved by banks are available only to customers who already have a 20% deposit.
With the average house price in Auckland at more than $1 million,
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).