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Wellington first-home buyers drawing on 'Bank of Mum and Dad' amid soaring deposits

Wellington first-home buyers drawing on Bank of Mum and Dad amid soaring deposits
1 Mar, 2021 07:42 PM
3 minutes to read
First-home buyers are drawing on family help to get on the property ladder. Photo / Mark Mitchell
First-home buyers are drawing on family help to get on the property ladder. Photo / Mark Mitchell
NZ Herald
The bank of Mum and Dad is increasingly present in the capital s housing market, says a Wellington mortgage advisor.
Loan Market mortgage advisor Craig Pope said while a 20 per cent deposit was not always necessary, family assistance for first-home buyers was becoming more common.
No matter what you re deposit level is, it is very difficult to try and get up and get saving and get to a meaningful-sized deposit, especially in a hot property market, he said. ....

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Cassandra Jenkins' Hypnotic Folk Music Turns Everyday Moments Into Monuments

Cassandra Jenkins is stomping through a foot and a half of snow in Central Park, looking for what she calls the âperfect plop-portunity.â Plopping is, for the unfamiliar, a form of therapy Jenkins has invented that involves throwing yourself into a particularly inviting swath of snow to cool off mid-walk. Once she finds a satisfactory clearing, she falls to the ground, like a tree cut down at its base. She makes the frigid act look fun, and I canât help but join her. We stay plopped in the snow for a half hour, looking up at spindly branches that are supporting tiny birds and a squirrel doing nonstop somersaults. ....

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Inflationary pressures rising due to imports

ISLAMABAD: Pakistan’s inflationary pressures have been increasing in recent months mainly because of imports of essential food products, petroleum group, textiles and other raw materials.The. ....

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Welcome To IANS Live - BUSINESS - FPIs invest Rs 25,787 Cr in Indian equities in Feb

The total net FPIs in 2020 now stand at Rs 45,260 crore, as per NSDL data.Fore ....

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JUI workers protest rising price-hike

National
February 27, 2021
KARAK: The activists of Jamiat Ulema-e-Islam (JUI) here on Friday took to streets against the rising price-hike and blocked the Karak-Bannu road at Saddam Chowk.
The JUI workers led by Mehmoodul Hassan, district senior vice president, marched through various bazaars and reached Saddam Chowk.
The participants of the protest carried banners and placards inscribed with slogans in favour of their demands.
Addressing the protesters at Saddm Chowk, where they blocked the road for traffic, the speakers criticised the government for being unable to check the unprecedented price-hike. They said that price-hike had broken all past records, adding that the poor were compelled to commit suicides. The speakers asked where were the 10 million jobs and five million houses as promised by the government. ....

Saddm Chowk , Mehmoodul Hassan , Jamiat Ulemae Islam , Pakistan Tehreeki Insaf ,