I'm flabberghasted.
How can someone earning $35K p/a expect to:
Drive a $35,000 car
Buy a $350,000 house
the repayments on the above are much greater than the income. If said person earns $35K then it's a fair bet they actually earned less than that in preceeding years and therefore must be about 40 years old by the time they can afford to be first time buyers.
I must therefore have misunderstood..unless all kiwis are awarded a Suitcase load of cash from their parents when they turn 18.



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