Young buyers 'are spoilt, expect top-of-the-line houses'

BNZ chief economist Tony Alexander caused an uproar last week when he said young people who wanted to get into the property market should take a hint from their parents' generation.

He sent out a column to subscribers, in which he said young people should take some tips from the older generations if they want to own a house.  You can read the full column here.

He said young people wanting a house should buy a "dunger or even a meth house to strip, and do it up". "Basically be prepared to do what the Boomers did in many instances," he said.

from
http://www.stuff.co.nz/business/90112025/Young-buyers-are-spoilt-expect-top-of-the-line-houses