In recent years as home ownership has become harder to achieve, people aged 18-39 have become known as ‘‘Generation Rent’’. In recent years as home ownership has become harder to achieve, people aged 18-39 have become known as ‘‘Generation Rent’’. Home ownership was now unattainable for the average person, 82% of respondents believed. KiwiSaver and other online digital investment platforms, such as Sharesies and Hatch, would be key to helping the younger generation achieve property ownership, Mr Klipin said. ‘‘The dominant assets that younger New Zealanders will have is KiwiSaver and that has the ability with first homes.

Source: Otago Daily Times August 17, 2021 16:34 UTC