Tony Alexander
  • BNZ chief executive Anthony Healy has backed away from controversial comments made by his chief economist.

Tony Alexander sent a column out to subscribers last week in which he said young people should take some tips from the older generations if they want to own a house.

He said young people wanting a house should buy a “dunger or even a meth house to strip, and do it up”. “Basically be prepared to do what the Boomers did in many instances,” he said.



Tony Alexander said young people priced out of the market are wrong to point the finger at retirees.