Vince shows the numbers on how much a person must earn in order to buy a house in New Zealand

  • @HappycamperNZ
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    810 months ago

    I think housing terms skewes what people need to live as price increases have greatly exceeded everything else - especially when paying off interest is included.

    • @[email protected]
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      fedilink
      110 months ago

      Yeah, double digit interest rates were the norm for a lot of this time period, meanwhile I first mortgaged my house at 4%.