Katie Wesney: Enable.Me financial adviser responds to report claiming the average Auckland house deposit could reach $1 million by 2045
Heather du Plessis-Allan Drive · Newstalk ZB
November 6, 20233m 22s
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Show Notes
A report has suggested the average Auckland house deposit could reach $1 million by 2045.
The report was shared exclusively with One News.
Enable.Me financial adviser Katie Wesney says it's not an inconceivable amount.
"A million dollar deposit in 22 years, that's a 6.5 percent rate. And in all reality in the last 10 years, Auckland house prices have risen by 7.8 percent."
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Topics
propertyhouseshouse depositAucklandbusinessfinance