28 Apr 2016

Company to offer "houseshares" in Auckland property market

From Nine To Noon, 9:18 am on 28 April 2016

In what seems to be the latest symptom of Auckland's booming housing market a new company is offering to allow New Zealanders to enter the property arena for 500 dollars. The Ownery works by selling shares in companies set up to buy individual houses and it's being advertised as a way for people who want to save for their own home to tie the value of their savings to the value of house they may one day want to buy. Kathryn speaks to the company's chief executive, Paul Jacobs.