What Kids Want From A New Home

Parents might be after double garages and large living areas*, but plenty of hiding places and treehouses are at the top of children’s priorities for a new home.

*Or just a home under $1 million, am I right Aucklanders and Sydneysiders?

A new survey of under-10s has revealed youngsters’ priorities when it comes to property and, not all that surprisingly, a home’s proximity to good schools doesn’t feature on their wish lists.

Estate agent Chestertons surveyed 3,000 parents with children aged between 5 to 10 years who were looking for a new home.

Both parents and children were asked to list their top five must-haves for their new abode.

 

Kids house survey table

Personally, I’m leaning more towards the kids’ wish list. And unless there is one almighty property crash soon, it looks like a tree house might be all I can afford anyway.

The pint-sized property moguls were a little off the mark about the out-of-control housing market, with the average child thinking they could score a home for about $6,000. Bless.

Most of the children also hoped to own a home by the time they were 19. If only…

When quizzed on property-related terms, the youngsters had their own ideas about what it meant to climb the property ladder.

The majority of them believed the property ladder was a “ladder kept at home so people can reach high places”.

And 70 per cent of them thought house deeds meant “chores that needed doing around the house”.

Oh, to be young again. Good luck with your search kids!

Crowdfunding For Your First Home

money

Vet bills, overseas jaunts, creative projects. It seems everyone and their dog is crowdfunding for something these days.

But what about getting complete strangers to help buy your first home?

That’s exactly what would-be first-time buyers could be doing with the launch of Gifted Deposit – a new site dedicated to helping people get their feet on the property ladder.

Hopeful homeowners will pitch for funding towards a deposit for their first home and rely on family, friends and strangers to hand over their cash.

The fundraisers must sign a document that states they will use the money for a mortgage deposit.

Will strangers dig into their pockets?

Would-be homebuyers will be able to post a video explaining why they need a helping hand and, while there will be no financial returns for investors, small rewards may be offered to those willing to part with their money. Think: an invite to the housewarming or some baking.

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The creators say the funding aspect of the site won’t be solely aimed at “strangers” but rather at first-time buyers’ network of family, friends, distant relatives and colleagues.

House-hunters could set up a campaign to encourage wedding guests to forgo the gifts of dodgy kitchenware and ornaments (which, let’s be honest, are shoved straight to the back of the cupboard after the honeymoon) and instead make a donation to their first-home fund.

Lots of couples are already doing this with “wishing wells” at weddings.

The crowdfunding conundrum…

Personally, crowdfunding makes me a little uneasy.

I loved the Abel Tasman beach campaign and think there’s definitely a place for those that fundraise for people in tragic circumstances. But when it’s for something that a lot of other people are just quietly plugging away at on their own, it irks me a bit.

My partner and I are currently saving for our first home. Watching house prices go up and up is pretty demoralising but it’s something we’re just sucking up and getting on with.

We’re lucky that my parents are letting us stay with them while we save but we’re making sacrifices in lots of other ways to pinch the pennies.

And we’re content with buying a do-up in a suburb a fair drive from the city to get on the ladder.

This new site could be a great way for first-time homeowners to get a boost to their savings but I think we’d still prefer to do it the old-fashioned way.


What do you think of the idea of crowdfunding for your first home? Did you find it a struggle to get on the property ladder or are you still not quite on that first rung?

Let us know in the comments below or on our Facebook page.

Local Body Elections: Tauranga candidates on housing

Tauranga_And_Some_Harbour_Facilites

It’s that time of the electoral cycle where you get a big fat envelope in the mail, with short blurbs about hundreds of people trying to win your vote for everything from the Mayoral office to the local licensing trust.

Who on earth should you vote for? We decided to help you make an informed decision – at least, in an area we are quite passionate about.

We asked Tauranga’s mayoral candidates for their views on the pressing housing issues in their city, ranging from home affordability to whether Auckland’s influence has been positive for the region. We thank them very much for their replies, and should the others get in touch we’ll update this post accordingly.

To ensure accuracy we’ve presented all answers in unabridged form. Enjoy, and hopefully this will help you in your difficult decision-making. Make sure you vote!

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Local Body Elections: Hamilton mayoral candidates on housing

Hamilton city

It’s that time of the electoral cycle where you get a big fat envelope in the mail, with short blurbs about hundreds of people trying to win your vote for everything from the Mayoral office to the local licensing trust.

Who on earth should you vote for? We decided to help you make an informed decision – at least, in an area we are quite passionate about.

We asked Hamilton’s mayoral candidates for their views on the pressing housing issues in their city, ranging from Auckland’s influence to controversial house and garage regulations. Three responded. We thank them very much for their replies, and should the others get in touch we’ll update this post accordingly.

To ensure accuracy we’ve presented all answers in unabridged form. Enjoy, and hopefully this will help you in your difficult decision-making. Make sure you vote!

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Local Body Elections: Christchurch mayoral candidates on housing

Dalziel, Maxwell, LonsdaleIt’s that time of the electoral cycle where you get a big fat envelope in the mail, with short blurbs about hundreds of people trying to win your vote for everything from the Mayoral office to the local licensing trust.

Who on earth should you vote for? We decided to help you make an informed decision – at least, in an area we are quite passionate about.

Christchurch’s housing issues are, for obvious reasons, unique. We emailed some mayoral candidates to find their views on how the rebuild is progressing, the issues around building consents, and much more. Three candidates replied, including the two front runners, and we thank them all for their responses.

To ensure accuracy we’ve presented all answers in unabridged form. Click the links just below or read from start to finish; we’re all about choice here.

Enjoy, and hopefully this will help you in your difficult decision-making. Most of all, make sure you vote!

Are you happy with the administration and progress of the rebuilding effort so far? What would you change about it if elected?

Are you concerned about how the Reserve Bank’s new loan to value ratio restrictions might affect first home buyers in Christchurch?

Do you think the building consent process is going fast enough, and if not how would you address this?

Auckland and Christchurch property prices seem to be growing far quicker than anywhere else. Do you see this as a problem? What would you think should be done to address accelerating house prices?

What would you do, if elected, to help ensure there are enough affordable houses being built?

Does the Council have a role to play in providing housing for those who can’t afford to buy?

Finally, is there any other reason why Cantabrians should vote for you as Mayor?

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Local Body Elections: Wellington mayoral candidates on housing

Wellington candidates who responded

It’s that time of the electoral cycle where you get a big fat envelope in the mail, with short blurbs about hundreds of people trying to win your vote for everything from the Mayoral office to the local licensing trust.

Who on earth should you vote for? We decided to help you make an informed decision – at least, in an area we are quite passionate about.

We asked Wellington’s mayoral candidates for their thoughts on a wide variety of local housing issues; our sincere thanks to those who replied. Should the others get in touch we’ll update this post accordingly.

It makes for a rather long blog, but in the interests of accuracy we’ve presented all answers in unabridged form. Enjoy, and hopefully this will help you in your decision-making. Make sure you vote!

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Local Body Elections: Auckland mayoral candidates on housing

Brown, Minto, Palino

It’s that time of the electoral cycle where you get a big fat envelope in the mail, with short blurbs about hundreds of people trying to win your vote for everything from the Mayoral office to the local licensing trust.

Who on earth should you vote for? We decided to help you make an informed decision – at least, in an area we are quite passionate about.

With that in mind, we emailed as many Auckland mayoral candidates as we could find contact details for, and asked them for their views on the most pressing housing issues facing Auckland.

We were grateful to receive replies from the leading candidates as well as some of the lesser-known office seekers, whose views in a democracy are still worth considering.

It makes for a very long blog, so to go to whatever questions interest you the most just click on the questions below. In the interests of accuracy we’ve presented all answers in unabridged form. Enjoy, and hopefully this will help you in your decision-making. Make sure you vote!

What do you think is causing Auckland property prices to increase?
Are you concerned about how the Reserve Bank’s new loan to value ratio restrictions might affect first home buyers in Auckland?
What is your view on the Auckland Unitary Plan?
Do you think Auckland should build outwards, or upwards?
Do you think the Council has over-regulated the building of new houses?
Do you believe foreign buyers are affecting the property market?
Does the Council have a role to play in providing housing for those who can’t afford to buy?
Finally, is there any other reason why Aucklanders should vote for you as Mayor?

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