4
submitted 11 months ago by passwordforgetter to c/newzealand

Diaclaimer: article from last month.

you are viewing a single comment's thread
view the rest of the comments
[-] Dave 3 points 11 months ago* (last edited 11 months ago)

When borrowing money is cheap, people start buying houses like crazy and running up their mortgages. It's not the teenager borrowing it's the people he was selling houses to.

this post was submitted on 19 Nov 2025
4 points (83.3% liked)

Aotearoa / New Zealand

2270 readers
20 users here now

Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general

Rules:

FAQ ~ NZ Community List ~ Join Matrix chatroom ~ Alternate frontends ~ Donate

 

Banner image by Bernard Spragg

Got an idea for next month's banner?

founded 3 years ago
MODERATORS