Housing out of reach for young couples

  • Auckland housing is now the most unaffordable it’s been since the Home Loan Affordability report began in 2004.

Interest.co.nz’s Home Loan Affordability report for March showed first home buyers aged between 25-29 years would have to spend more than 50 per cent of their salary on a mortgage.

READ MORE VIA NZHERALD

Young couples would seriously struggle to buy Auckland’s lowest-priced houses. Picture / Michael Craig