Are you financially better off renting or buying a house?The Spinoff Daily, Wednesday September 28
Ahiahi mārie, welcome to The Spinoff Daily in partnership with Ārepa. Today on The Spinoff, Toby Manhire pores over the fresh poll numbers roughly a year out from election day (meanwhile, early returns show local election voter turnout is on track for a record low), Charlotte Muru-Lanning calls for a rethink of a cold-hearted default rental policy and Stewart Sowman-Lund queues to see a coffin (and more) at the new Costco. But first, Emma Vitz looks into whether you’re financially better off renting or buying a house – and the answer might not be as obvious as you think.
Emma writes: “As a country, we have been so thoroughly convinced that home ownership is the only way to be financially secure that we rarely ask any more questions. We just assume that the sooner we get on board the property ladder, the better. But I want to put that question back on the table. Is it really always financially better to buy than to rent?”
Live Updates: National rent prices remain at record high Local election voter turnout is on track for a record low The absence of rights for renters with pets is just cruel A poll that sets the stage for the year to election day
What do the latest numbers mean for the year to election day, who will be happiest – and can Winston Peters be written off just yet? Plus: Luxon’s tax attack, the Uffindell report and the Public Service Commissioner’s Mahuta investigation. Find Gone By Lunchtime on Apple Podcasts, Spotify or your favourite podcast provider.
How cutting-edge virtual reality is making marae more accessible A group of tech experts are working with the mana whenua of Te Rau Aroha marae in Bluff to fully digitise the marae and its stories. The hope for this project, titled Ātea, is that whānau far and wide can use it to connect to their tūrangawaewae. Rory Clifford is one of the experts working on Ātea, helping to create a virtual reality version of the marae’s wharenui.
PSA: Your landlord can’t ask to see your bank statements I pay $252 a week in rent – this is how I live Cursed rentals of New Zealand: Stairway to hell edition New Zealanders queue for hours to see a coffin in West Auckland
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Are you financially better off renting or buying a house?
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