The average house price has crossed $700k for first time, and younger Kiwis are giving up on home ownership. I thought I'd hit a home run with that logic, millennials have it harder. SUPPLIED I sat down with my dad to talk out home ownership, and which of our generations has it harder. He concedes: "The house price was our combined income, times two. But a house price now isn't two times your income, it's eight or nine times your income."
Source: Stuff December 06, 2019 02:15 UTC