OPINION: Your choice: 30-year slavery to a mortgage, or lifetime slavery to landlords.
Young Kiwi couples face this stark choice, thanks to the political failure to deal with the housing crisis, but young Brits can go one better.
Their choice: 40-year mortgage, or lifetime of rent slavery.
In Britain, borrowers can now get 40-year mortgages.
from
http://www.stuff.co.nz/business/money/97923113/New-Zealands-huge-home-loans-are-crazy
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