Just chuck it on the mortgage.
That’s what home-owning Kiwis do when they want to buy consumer goods that they can’t really, truthfully afford.
Most of us love the latest model phone, flash laptops, TVs, newer cars, designer kitchens and bathrooms and lots of bling.
What’s changed over the past 25 years for the average red-blooded Kiwi is that we’re using our homes like ATM machines, says Mark Lister head of private wealth research at Craigs Investment Partners.
We roll our consumer spending into the mortgage because we can.
Read the full article in the New Zealand Herald.
