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14 Feb 2026 20:58
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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

     Other Business News
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     14 Feb: An economist says new tourism and migration figures show the economy is starting to hum
     14 Feb: Rotorua's getting another chance to showcase itself this weekend
     13 Feb: No changes to the Golden Visa scheme's capital rules - as the Minister says it's had a roaring start
     13 Feb: Last year reached a record migration low
     13 Feb: Hamilton City Council's putting 1.7-million dollars into future zoo expansion
     13 Feb: A collective ambition to make Canterbury one of the best regions to grow business and a great life
     Top Stories

    RUGBY RUGBY
    Blues fullback Zarn Sullivan has fresh motivation heading into the Super Rugby Pacific season More...


    BUSINESS BUSINESS
    OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders More...



     Today's News

    Entertainment:
    Alfonso Ribeiro will "always be there" for James Van Der Beek's kids following the actor's death 20:51

    Entertainment:
    Authorities believe Savannah Guthrie's missing mother Nancy is still alive 20:21

    Entertainment:
    Bijou Phillips has launched an urgent appeal to find a kidney donor 19:51

    Entertainment:
    Stacy Keibler says it was a "gift from God" to be with James Van Der Beek in his "final days" 19:21

    Health & Safety:
    Two sailors have been hospitalised after a nasty crash between the Black Foils and France, forcing the cancellation of racing for the day at the Auckland Sail GP event 18:57

    Entertainment:
    James Van Der Beek's widow has launched a GoFundMe 18:51

    Rugby:
    Blues fullback Zarn Sullivan has fresh motivation heading into the Super Rugby Pacific season 18:37

    Entertainment:
    Nick Jonas admires Priyanka Chopra's "willingness to get her hands dirty" 18:21

    Politics:
    The US government has just entered another shutdown. Here's what it means this time 18:17

    Cricket:
    An international sporting rivalry is set for another chapter 18:07


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