Wednesday, March 19, 2014

Housing stats for Maori

Here's the latest (admittedly broad) whare ownership stats for Aotearoa/NZ
• European (I think they may mean Pakeha :) 56.8%
• Asian  34.8%
• Māori  28.2%
• Pacific peoples  18.5%

For better or for worse, paying off our own homes is an important savings mechanism in our country. While there has been some gnashing of teeth at the overall decline of home ownership, the implications are that Maori are more likely to be paying rent as old people and less likely to have discretionary income.

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Simon Lambert

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