Skyrocketing Rates Contributing to Home Loss
As the Deputy Chair of Grey Power Hamilton, I was contacted by a distressed Real Estate agent who has been contacted by three pensioners who need to sell their home because they cannot afford the rates.Does anyone understand the stress the financial position these three homeowners find themselves in? They are cash poor but asset rich. However, this is not just an asset to them, it is their home.The asset value was not the purpose for owning a home. It was purchased by saving for the purpose of p...
August 24, 2025 Posts 1-1 of 1 | Page