Latest / Early Edition with Ryan Bridge
Ryan Bridge: We're not too poor to buy property, we're too fussy
If these new TradeMe numbers are to be believed, and I have no reason not to believe them, then the biggest problem that we have with property and getting a foot on the ladder is not price.
We're not too poor, we're too fussy.
So TradeMe has done a survey; 44% of buyers were willing to compromise on the size of a section. Only 40% on the size of the property. Only 40% on the size of the garden. Only 33% on the condition of the property, and 28% on the location.
If you flip those numbers, around 55% of people won't compromise on section size. I'll have the section size I like and nothing else…
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