Rising house prices are not squeezing people out of the mortgage market and it is getting easier to borrow money, says a Massey University study.
Wednesday, October 8th 2003, 10:14AM
by The Landlord
The latest AMP home affordability index research done by the university shows a 2.8 per cent rise in the September quarter, indicating that people's ability to borrow to buy a house is improving.
Although the picture in seven out of 11 regions is good, Aucklanders' ability to borrow is worsening.
