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Why advisers should take notice of housing

Monday 31st of December 2012

According to consulting firm Demographia’s housing affordability survey New Zealand’s housing is “severely unaffordable” at more than five times incomes, rising to more than six times in Auckland, where the rate of home ownership has dropped from 74% in 1986 to 58.7% in 2011.

Out-going Retirement Commissioner Diana Crossan said recently that the issue of people reaching retirement age wi...

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