this post was submitted on 19 Nov 2025

2 points (75.0% liked)

Aotearoa / New Zealand

2012 readers

41 users here now

Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general

For politics , please use !politics@lemmy.nz
Shitposts, circlejerks, memes, and non-NZ topics belong in !offtopic@lemmy.nz
If you need help using Lemmy.nz, go to !support@lemmy.nz
NZ regional and special interest communities

Rules:

Don't be a dick

FAQ ~ NZ Community List ~ Join Matrix chatroom

Banner image by Bernard Spragg

Got an idea for next month's banner?

founded 2 years ago

MODERATORS

RaoulDuke@lemmy.nz

2

23-year-old buys dream home for his parents (www.thepress.co.nz)

submitted 1 day ago by passwordforgetter@lemmy.nz to c/newzealand@lemmy.nz

7 comments fedilink hide all child comments

Diaclaimer: article from last month.

you are viewing a single comment's thread
view the rest of the comments

[–] passwordforgetter@lemmy.nz 1 points 1 day ago (1 children)

Ya... but how much money do banks lend to teenagers in high school?

[–] Dave@lemmy.nz 2 points 1 day ago

Wen borrowing money is cheap, people start buying houses like crazy and running up their mortgages. It's not the teenager borrowing it's the people he was selling houses to.