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16 Feb 2026 13:46
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  •   Home > News > Business

    A report is suggesting 80 per cent of New Zealanders believe home ownership is impossible

    A report is suggesting 80 per cent of New Zealanders believe home ownership is impossible


    Post-Covid, property prices surged to an all-time high.

    Data from a 500 strong survey for insurers OneChoice, shows four in five house hunters feel they are locked out of the property market.

    The typical Kiwi home now costs eight times the annual household income.

    It reveals young people now see themselves as a generation of renters, rather than owners.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    Business:
    The housing market may be yet to turn a corner 13:27

    Business:
    Strong signs of economic turnaround from the latest half-year results 13:07

    Business:
    Retailers remain cautious despite a bump in card spending over the New Year period 12:47

    Law and Order:
    DNA recovered from glove found near Guthrie home that appears to match suspect's glove, FBI says 12:47

    General:
    Winter Olympics 2026: Matt Graham on dual moguls 'dad podium' as weather forces reschedule — quick hits from day nine 12:07

    Rugby League:
    Former New South Wales second rower Ryan Hoffman's welcoming a change to rugby league's representative selection criteria 11:57

    Environment:
    Firefighters have responded to more than 850 calls overnight - with severe gusts and intense downpours in the centre of the country 11:57

    Law and Order:
    A 43-year-old man has appeared in court charged with firearms offences - as a Police hunt continues for those responsible for a shooting in Onehunga a month ago 11:07

    Environment:
    Blustery winds and heavy rain are continuing to impact parts of the country - particularly the lower North Island 10:47

    Maori:
    How Indigenous ideas about non-linear time can help us navigate ecological crises 10:27


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