Viewing entries tagged with 'Older New Zealnders'

Kiwis 'drowning in housing debt', Labour says after Statistics NZ figures

30 September 2016

Older Kiwis owe more for second properties than for their own homes, revealing a generational gap on housing debts. Labour says the new figures, which reveal real estate loans make up 87 per cent of Kiwis' debts, show many are "mortgaging themselves to the hilt". More>