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New Zealand’s other looming housing crisis

Summary by Ground News
Retirement commissioner Jane Wrightson published her three-yearly retirement policy review yesterday. She warned that the number of retirees renting is likely to double to 600,000 by 2048. An increasing number of both renters and those with mortgages are spending more than half their pensions on rent and borrowing costs.
Published 2 months ago · New Zealand

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New Zealand’s other looming housing crisis

NZ Super was designed with the assumption that most people will own their home and be mortgage-free by the time they retire. That's increasingly not the case.

2 months ago·New Zealand
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