Rampant house price growth is dividing the country into two New Zealands: those who own homes and those who don't. That's according to new research from Consumer NZ, which found three out of five property owners could not afford to buy their home at its current value. Meanwhile, more than 60 percent of renters believe they're locked out of the property market. Māni Dunlop spoke to Consumer's head of communications Gemma Rasmussen who said the dream of owning a home was becoming increasingly impossible.
Recent stories from Midday Report
Get the RNZ app
for easy access to all your favourite programmes
