A Statistics NZ report released today has put data behind a lot of the anecdotal discussion around housing that has taken place this year. It shows that home ownership in New Zealand is now the lowest it has been since 1951. It also contained some sobering facts for renters including that renters are spending more of their income on housing costs than homeowners. Senior economist from Infometrics Brad Olsen joins Karyn to go through the figures.
Photo: RNZ / Nate McKinnon
