4:44 pm today

Crunching the Numbers: 1 in 5 Kiwis spending half of income on rent

From Checkpoint, 4:44 pm today

In RNZ's new series Crunching the Numbers, we're out chatting to Kiwis about all things affecting their wallets. Our first story takes a look at renting, with research showing almost 1 in 5 New Zealanders are spending more than half of their household income on rent, while home ownership has fallen to below 60%. Reporter Louise Ternouth went to visit renters in Tamaki Makaurau to see how they're faring.