First Home Buyers snap up state houses

One quarter of the vacant state houses up for sale have been snapped up by first home buyers.

Under the FirstHome scheme, the homes can be purchased if a person earns less than the average wage, and is not already a property owner.

Alternatively, apartments could be the answer for some Aucklander's who want to live centrally. The number of apartment building projects is soaring, with more resource consents granted for Apartments in November 2013 than in any month since April 2008. The Auckland Council and Government have been working to free up building space.

One quarter of the vacant state houses up for sale have been snapped up by first home buyers.

Under the FirstHome scheme, the homes can be purchased if a person earns less than the average wage, and is not already a property owner.

Alternatively, apartments could be the answer for some Aucklander’s who want to live centrally. The number of apartment building projects is soaring, with more resource consents granted for Apartments in November 2013 than in any month since April 2008. The Auckland Council and Government have been working to free up building space.

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