ROSEMARY ABBOTT | Politics
FIRM REMINDER
Prime Minister Christopher Luxon today confirmed that Kiwis struggling with the cost of living simply need to “dig a little deeper, show some grit, and ideally secure a modest, well-balanced property portfolio.”
“Look, I totally get it,” Luxon said “Times are tough for Kiwis but what I will say is, work hard, and if possible, leverage your existing assets into two or three additional homes,” Luxon said before flying out to Singapore.
When asked how someone without existing assets might begin, Luxon remained upbeat. “Great question: Maybe skip a few flat whites, tighten the belt, stop spending $60 on groceries, and have a serious conversation with your parents about intergenerational equity.”
He added that success was ultimately about attitude. “New Zealand is the land of opportunity. Anyone can get ahead, as long as they’re prepared to make smart choices, take calculated risks, and enter the housing market sometime around 2003.”
At press time, Luxon reassured first-home buyers that the dream was still alive, “provided they remain flexible on location, expectations, and the definition of ‘home.’”
“Look, the cost of living is tough at the moment, which is why I recommend forward planning from about 1998.”
More to come.
