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Mary Holm: Property wins the race? Says who?

If one real estate investment beats KiwiSaver, that doesn’t mean they all will. ....

Graham Allpress , Kiwisaver Kiwi Wealth Balanced Fund , Kiwisaver Balanced Fund , Ministry Of Social Development , Job Seeker , Accommodation Supplement , Temporary Additional Support , Jobseeker Support , Temporary Additional , Saver Balanced Fund , Fisher Funds , Kiwi Wealth ,

Pensioner rents rise in rural Waikato as 'significant movement' occurs in housing market

Te Aroha resident Dez Maney said it’s something he just has to put up with.
“There’s a way around everything, it’s not a thing that will affect your living, so you just have to adjust accordingly.”
Maney has lived in Te Aroha for his entire life and moved to the block of flats four years ago. He is now 90 years old and enjoys sharing his homegrown produce with his neighbours.
But deputy mayor Neil Goodger wasn’t happy with the sudden price hike during a recent meeting when the decision was made.
“I thought we had made a decision to increase them slowly every year, we should have done that,” he said. “We wouldn’t be in the position we are in now. ....

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Pensioner reliant on temporary support to make rent as housing market shuts out retirees

At 78, Dot Hutton is reliant on temporary support to pay her rent.
In March 2018, home-ownership was at its lowest in almost 70 years. Since then the median price has almost doubled and rent is up by a quarter. Stuff’s
Off the Ladder series talks to those priced out of the market.
Dot Hutton is 78 years old and depends on temporary support payments to supplement her pension and make rent.
Even with the Temporary Additional Support (TAS) benefit – which Hutton said she must reapply for every three months – it’s a struggle to make ends meet.
She said she could not remember the last time she bought fresh meat because it’s too expensive and buys frozen fish cakes if she wants protein. ....

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