
You can’t help but have sympathy for young couples today hoping to buy their first home. In our neck of the woods it must be difficult enough, but in Auckland and to a slightly lesser extent Christchurch, it must be nigh on impossible.
I looked up the Auckland real estate websites and found the most basic home will set you back $350,000. Using Sorted’s website calculator I discovered that a $350,000 mortgage, paying back the principal...