AucklandAugust 31, 2016

Shamubeel Calls Bullshit #4: on John Key’s ‘always challenging for young people’ house chat


‘Twas always thus, says the prime minister of young people’s struggle to get into the housing market. Economist Shamubeel Eaqub has some thoughts about that.

In an interview on Newstalk ZB this week, broadcaster and clothes horse Mike Hosking asked the prime minister about “people locked out of the market” for housing in Auckland, “like young people”.

Key replied: “I think it’s always been challenging for young people to buy a house, under any terms, most young people will say, I remember when we bought our first house, it still feels like a stretch.”


And some charts:


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Mad Chapman, Editor
Aotearoa continues to adapt to a new reality and The Spinoff is right there, sorting fact from fiction to bring you the latest updates and biggest stories. Help us continue this coverage, and so much more, by supporting The Spinoff Members.Madeleine Chapman, EditorJoin Members

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