The Kiwi property dream

Last updated 08:10 07/08/2013
House for sale sign
Fairfax Media

Related Links

Show us how your house rules Can you fix the NZ economy? If I was Prime Minister I'd...

Relevant offers


Do you know an amazing Christchurch volunteer? Have you been harmed at the beauty salon? How can we make Christchurch great? How do you keep your home safe and secure? Review: What Happened, Miss Simone? Faces of Innocents: Give them a voice What can be done to keep Kiwi kids safe? How have Waikato's rising house prices affected you? What makes Richie McCaw the greatest, or not? Jonah Lomu: Pay tribute to the rugby legend

Buying property seems to be ingrained in the Kiwi dream. Many people see it as a way to get ahead, to make a good investment and to secure their future.

The Reserve Bank is lifting official interest rate from 2.5 per cent to 2.75 per cent, with more rises to come. It is predicted a mortgage of $400,000 could cost $80 more a week by year's end.  

With property prices skyrocketing in many of our cities, is buying a house in New Zealand the right thing to do? Is it even realistic for the majority of us?

We want to hear your lessons learned from climbing - or avoiding - the property ladder. What's the best way to do property investment right? Is renting the way forward? What mistakes could other readers learn from?

If you've made an investment and made some money, show us some photos so we can see how it's done.

To share your experiences and contribute to this assignment, hit the big green button.

View all contributions
Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content