Auckland first homebuyer Dylan Prasad wasn’t gifted money and doesn’t have rich parents. Here’s how he bought a house. Herald readers share their views.
I heard someone complain that they couldn’t get on the property ladder. Some of us bought our first homes in areas that were further out than we really wanted to live and made compromises just to get on the property ladder. It’s what you have to do — lower your expectations.
Cool bro, have fun boarding with a bunch of other people for 30 years. Ten years to save a deposit and it took his Kiwisaver. Okay, well I’m buying a house in the US for $150k, which gets more house than his $600k does. Keep telling yourself that there is nothing wrong with $600-$1 million for a family home.
Good on the guy
. . . this is what I’ve been teaching my kids. Work hard and save and you can get the rewards . . . having your own home is awesome and not everyone gets to have the Kiwi dream.
Funny how most of the “kids” we know in their late 20s early 30s own their own homes. They don’t have flash cars, restaurant dinners, overseas travel or every new electronic gadget either. However, they may have basic 3-bed boxes, but they’ll never be kicked out unless they default. It’s called going without and sorting your priorities