The unreachable dream of the kiwi bach
Property academic Deborah Levy joins Bernard to discuss how the concept of the kiwi bach, once the centrepiece of 'the kiwi dream', has been commodified, commercialised and priced way out of reach for the average NZ family.
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Show Notes
Bernard Hickey talks with property academic Deborah Levy about her research into the changes in the way bach owners feel about their holiday homes. Where once the bach was the centrepiece of 'the kiwi dream’, a place for friends and families to gather, relax and create memories, they have now become a financialised asset to be added to the portfolio of the increasingly wealthy few. What's behind this change? What insights can this research give into the rest of our dysfunctional national property market? Listen in to find out.
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