NZ's property ladder on skakey foundationsFAIRFAX NZ Sitting back and relaxing in your golden years while you watch your money grow is something we all dream of. It threatens the very values we hold dearest - property values, that is. Population growth is also to blame for property prices, plus double-income households, Tony adds. So is the Government cynically cranking up house prices in bottleneck Auckland, with a national flow-on? No, the property ladder has been kicked out from under young Gen Ys struggling to do the most essential job of all – raise a family.

Source: Stuff March 10, 2017 18:56 UTC