G
enerational divide in opinions and predictions is always a hot topic, so what better way to kick off 2021 than with a snapshot of speak from four Kiwis spanning four age brackets and regions. Here’s what they had to share on housing, education, expectations, and superannuation. Our people . . . Coromandel: Chris Patterson, 70s, construction costs consultant Hawkes Bay: Delwyn Armstrong, 50s, business owner/property developer Waikato/Bay of Plenty: Ben Shaw, 30s, construction developer Auckland: Sophia Wells, 20s, third year university student, AUT
Do you think the younger generation (post-1990) or older generations (pre-1990) have it harder when stepping onto the property ladder?
I say, they say – we all say Dyani Van Basten Batenburg
My Generation 12
Sophia: “Yes I think the younger generation have it harder in one sense because it’s unrealistic for us to purchase a house at 25 nowadays due to the fact that saving for a deposit is tough – renting alone takes the bulk of a wage. Unless you live at home well into your 20s – even 30s – saving is no easy feat.” Delwyn: “I think it’s about even. Tend to think parents are in a better position to help their children onto the property ladder today – and interest rates are lower. In our day, interest rates were higher and parents weren’t in a position to help – yet house prices were a lot cheaper.”
When you first left school what was your top priority? Chris: “I didn’t have a top priority as such – life was cruisey.
