PHOTO: JOHN BISSET/STUFF Ipsos, a polling company, recently found that 62 per cent of Kiwis believe they can’t afford their own home.
OPINION: For many, the start of the year is a time for goal setting and future planning. During this time, many young Kiwis will have set a goal to buy their first home before the year is out.
That may be more achievable than first thought, according to data from the Ministry of Housing and Urban Development.
As part of the KiwiBuild Reset in September last year, the Ministry released several reports analysing first-home buyer demand across the country.
They found 29.21 per cent of renting households can afford the mortgage to purchase an affordable home in their local region.
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