Researcher says rent-to-buy schemes can lift Pacific home ownership rates - News Summed Up

Researcher says rent-to-buy schemes can lift Pacific home ownership rates


Rent-to-build schemes are seen as a key way to get more Pacific families onto the housing ladder. An Auckland university housing expert says there are a number of new schemes being developed that can get more Pacific families into a home. In the 1980s the Pacific home ownership rate was well over 50 per cent but currently it’s under 30 per cent. However an Auckland university researcher says there is cause for optimism that this trend could be turned around. She says because Pacific families tend to live with multiple generations, it can be harder to find the types of housing that suit their situation.


Source: Stuff February 07, 2024 10:19 UTC



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