home-ownership

 

PHOTO: 123RF Three Wellington friends hope to soon see a house they co-own with a sold sign out the front.

This is another story about home-ownership against the odds.

Well, almost. That is because Wellington friends Nigel Guy, Jess MacDonald, and Fiona Clark haven’t yet bought a house. But they plan to.

They are eschewing the norm – a young couple buying onto the bottom rung of the property ladder in some far-flung suburb – and instead pooling their resources to buy a shared house in a relatively central suburb.

If the establishment of a start-up aimed at helping people co-own houses is anything to go by, they are part of a growing movement.

At a central-Wellington cafe (where they, shock-horror, can afford to drink coffee while trying to get into the property market) they explain the decision to buy together was not just about money.

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