News

Houses crowd out retirement savings

Monday 8th of December 2003

While other savings categories have remained fairly constant, the number of people saving for a home purchase has increased by 70% since January this year, from 10% to 17%. People aged 25-34 are even more likely to be saving for a house deposit, with 35% saying they are currently doing so.

Despite the increase in the numbers saving for a deposit, there has been no increase in the propo...

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