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18 Dec 2025 9:36
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     18 Dec: Major banks are pointing to a lift in activity across the economy - to result in an upswing in GDP growth for the third quarter and beyond
     18 Dec: Several of the major banks expect a significant bounce back in GDP for Q3 when Stats NZ releases its economic figures later this morning
     18 Dec: More banks are hiking interest rates
     18 Dec: One of the major banks is predicting some of the best quarterly GDP figures in years
     17 Dec: Horticulture NZ's emphasising the importance of backing growers - as exports climb to record levels
     17 Dec: More than a 100-thousand dollars in fines - for Waikato farms convicted of mismanaging effluent
     17 Dec: Households are expected to remain optimistic heading into 2026
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    BUSINESS BUSINESS
    Major banks are pointing to a lift in activity across the economy - to result in an upswing in GDP growth for the third quarter and beyond More...



     Today's News

    International:
    Why Trump's low-profile chief of staff Susie Wiles is making headlines 9:27

    Law and Order:
    A view Jevon McSkimming's sentence is an insult to children suffering from real life abuse 9:27

    Entertainment:
    Gary 'Mani' Mountfield is set to be laid to rest on December 22 in Manchester 9:20

    Accident and Emergency:
    Two people have been airlifted to hospital, following a shooting in Gore 8:57

    Entertainment:
    Tate McRae has felt overwhelmed by the scrutiny she's faced 8:50

    Cricket:
    New Zealand captain Tom Latham is prepared to debut pace bowler Kristian Clarke if conditions require in the third and final cricket test against the West Indies at Mount Maunganui starting today 8:27

    Entertainment:
    Ethan Hawke writes all of his lines by hand 8:20

    Politics:
    The c-word's jumped back into the headlines - cementing its legacy as this year's Quote of the Year 8:17

    Business:
    Major banks are pointing to a lift in activity across the economy - to result in an upswing in GDP growth for the third quarter and beyond 7:57

    Entertainment:
    Jelly Roll "could feel [himself] dying" before embarking on his weight-loss journey 7:50


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