Property investors are being slammed for claims first-home buyers are making the housing crisis worse.

It comes as house prices break records around the country and mortgage lending is at an all-time high. Limited supply, historic low interest rates and huge post-lockdown demand has the housing market boiling over.

Adding to the heat, the Property Investors Federation is pointing the finger at first home buyers, saying they are “making the housing crisis worse”.

They contend new entrants to the property market are displacing renters who on average have more dwellers per household.

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The Federation’s comments to RNZ prompted a huge backlash and it has been excoriated online.

Wellington first-home buyer Mia Grant took a dim view.

“I think that it is totally entitled, like they see that it’s their role to be purchasing these properties and then making money off them – and they’re being stopped from doing that.

“It means that they will suffer financially potentially because they’re competing against these first-time buyers, we’re moving into the properties instead of them becoming rental properties.

“It’s just a totally selfish way of thinking about it.”