The worsening housing affordability has led to falling home ownership which will undermine the value of NZ Super.
• Statistics show Kiwis really don’t want to be renting while living on NZ Super for it will be hard to live on & pay for accommodation when they do.
• Yet, people are increasingly renting when they’re coming up to retirement, & the impact of falling home ownership on old-age poverty levels is huge.
• When it comes to retirement planning, housing has to matter – but with high house prices, it’ll be hard get onto the housing ladder.
• Thus, it’d be wise to start your property investment now before it’s too late – sign up to NZPIC & let your narrow window to get onto the property ladder be widened.
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