tag:blogger.com,1999:blog-11906042.post2037886975867939081..comments2024-03-30T00:09:27.602+13:00Comments on Not PC: Quote of the Day: On young people buying houses in Auckland–or trying toPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11906042.post-18782980412290524192016-04-29T06:49:29.667+12:002016-04-29T06:49:29.667+12:00I agree. The quality and size of your average hous...I agree. The quality and size of your average house is also greater than it's ever been, as are young house buyers expectations - so comparing house prices relative to income can be misleading. That is not to dispute government regulations and credit creation make prices higher than they would otherwise be, but it's not the entire story.MarkThttps://www.blogger.com/profile/06199883270652041621noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-35753296408082508932016-04-28T17:32:18.121+12:002016-04-28T17:32:18.121+12:00Which generation before now could 'young peopl...Which generation before now could 'young people' buy houses?<br /><br />None in my experience. Take the over-regulation due supply issues of Auckland out of the equation, and apart from some suburbs in Chch and Welly, I reckon the working-ethic young can afford houses in most of NZ currently. And on my client base I have a host of under 30's with young families who are paying off whole farm ownership. Note the two key points to those young farming successes: hard work, and married *couples* - single parenthood is a ticket, pretty much, to poverty, if not welfarish poverty.Mark Hubbardhttps://www.blogger.com/profile/02541153163041831880noreply@blogger.com