.By far, more people don't have a property, nor are they likely to be able to obtain one, let alone proper Health or Education. Unhealthy, uneducated is what? 3rd world or worse? (Particularly NZ where I grew Up) No doubt you sell your properties privately to avoid the obscene premiums gouged by Real Estate spruikers et al... Congratulations...
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"Particularly NZ where you grew up?"
I live in NZ.
When did you leave NZ, in 1931? The average weekly wage in Auckland is $1458 per week, there's jobs everywhere, car sales are at records and young people sure can't afford houses in Auckland.
The main, very un-PC reason which has been floated by a mortgage broker in the last 2 days is that young people don't want to make sacrifices. They like the $20,000 car, they don't want to flat with others, they like to spend $120/ month on Sky TV, they want to spend $5 everyday on lattes and $10 on their lunch.
Actually it's true. Poverty in NZ? It's crap, most of it's self inflicted. There was an excellent example of a couple begging for money the other day until someone told the media that they had inherited $166,000 and blown the lot in 7 months.
Don't give me that poverty, unhealthy, poor education crap in NZ. Are you firing on all cylinders?
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