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11 Feb 2026 12:50
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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
     11 Feb: A makeover for a Queenstown hotel
     11 Feb: ASB had a modest lift in profit in the second half of last year
     11 Feb: Christchurch's new metro sports centre is already undergoing maintenance, less than two months after opening
     10 Feb: The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers
     10 Feb: It's hoped a pay dispute between Air New Zealand cabin crew and their employer is resolved soon
     10 Feb: People are being urged to buy local tinned fruit, as imports from overseas flood the market
     10 Feb: The former Air New Zealand boss says his time at the airline made him a better leader, as he moves into a new role abroad
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     Today's News

    Business:
    A makeover for a Queenstown hotel 12:37

    Rugby League:
    Another pre-season for Warriors outside back Roger Tuivasa-Sheck - but one with a noticeable difference 12:37

    Health & Safety:
    New Zealand's pathway to diagnosis for ovarian cancer, is lagging behind overseas efforts 12:27

    Entertainment:
    Bella Hadid and Adan Banuelos have reconciled 12:21

    Cricket:
    Off-spinning all-rounder Michael Bracewell is out of cricket's T20 World Cup after re-injuring his left calf during warm-ups on Sunday 12:07

    Business:
    ASB had a modest lift in profit in the second half of last year 11:57

    Entertainment:
    Lil Jon is "heartbroken" following the death of his son 11:51

    Entertainment:
    Kaley Cuoco has weighed in on the Ashley Tisdale toxic mom-group drama 11:21

    National:
    Menopause: our study revealed how it affects the brain, cognition and mental health 11:17

    International:
    US immigration bosses questioned over Donald Trump's ICE crackdown 11:17


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