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9 Jan 2026 16:42
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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

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    Politics:
    NetBlocks reports internet blackout imposed in Iran amid nationwide protests 16:17

    Basketball:
    The Breakers are confident of rebounding from Sunday's home loss to the Wildcats in tonight's Australian NBL basketball clash against the Sydney Kings in Auckland 16:17

    Entertainment:
    Jimmy Kimmel has described the past year as "a near death experience" 15:53

    General:
    Mandy Boyd has joined an elite group of New Zealand lawn bowlers with victory in the women's singles final in Christchurch 15:37

    Law and Order:
    Police say a sizeable dent has been made in an underground cannabis market in the north Waikato 15:27

    Entertainment:
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    Law and Order:
    Diana Camacaro fled Venezuela when a friend close to Nicolás Maduro's regime texted her she was on a list to be arrested 15:07

    Entertainment:
    One Battle After Another was among the big winners at this year's Critics Choice Awards, taking home the Best Picture prize 14:53


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