Dr Oliver Hartwich on The Paul Henry Show: NZ housing crisis and the impact on first home buyers
Dr Oliver Hartwich
30 November, 2016
Dr Oliver Hartwich talks to Mark Sainsbury about New Zealand's housing crisis and the increasing debt burden for first home buyers. This follows the announcement from the Reserve bank saying the average Kiwis are struggling with record mortgage debt - with the average amount being borrowed jumping up 43% in the last two years to $390,000.