18 Oct 2011

New bond issue helps first home buyers in Queenstown

From Morning Report, 8:19 am on 18 October 2011

Affordable home ownership for first time buyers in Queenstown is set to get easier. The Queenstown Lakes Community Housing Trust is offering a new 5 year bond that will be used to fund a housing loan which, it's hoped, will break the home buying culture of borrowing short and investing long.