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10 Mar 2026 11:35
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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

    Motorsports:
    Four-time Formula One world champion Max Verstappen will drive a Mercedes rather than a Red Bull this year, albeit briefly, at the 24-hour endurance race on Germany's Nurburgring circuit during May 11:27

    Politics:
    International students blindsided by federal government's doubling of temporary graduate visa cost 11:17

    Law and Order:
    Court today for a woman charged over a serious dog attack in Timaru last month 10:47

    Auckland:
    Police say a fatal garage fire in Auckland's Otahuhu last week is not being treated as suspicious 10:27

    Law and Order:
    A man who allegedly caused a fatal crash near Dunedin has pleaded not guilty to manslaughter 10:07

    Politics:
    Dubai's influencers have a new rule: Don't mention the war 10:07

    International:
    How the 'tough guy' of South-East Asia is reshaping Australia's largest neighbour 9:17

    Environment:
    The clean-up's complete after a Navy ship spilled up to 300 litres of oil in Akaroa Harbour 9:07

    International:
    War in the Middle East: France and allies preparing to escort ships through Strait of Hormuz 8:37

    Motoring:
    Both Red Bull Ampol cars will race in the two New Zealand rounds of Supercars starting in a month 8:37


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