Are lower home deposits the best way forward?
Getting kiwis into their own home has been a major issue this election. For a lot of people - even if they earn a good wage, a major barrier is saving enough for a 20% deposit that a lot of banks require. Our major parties are aiming to address this by extending access to 5% deposits and expanding some of those income limits under the current First Home Loan Scheme. But is this the best approach and what might the economic knock on effects be? Joining Emile is Gareth Kiernan Acting Managing Director and Chief Forecaster of Infometrics Limited.
The skinny
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