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Falling house prices and low home ownership rates in New Zealand are threatening retirement security.
In New Zealand, relying on housing equity for retirement is becoming less reliable due to falling house prices and declining home ownership rates, now at 60%, projected to drop to 48% by 2048.
The average age of first-time home buyers has risen to 36, with 13% still paying off mortgages past retirement age.
With KiwiSaver changes and global economic uncertainty, many New Zealanders are facing a less secure retirement and may need to work past 65.
The situation is particularly challenging for those aged 35-49, who bought homes during a housing price boom.
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La caída de los precios de la vivienda y las bajas tasas de vivienda propia en Nueva Zelanda amenazan la seguridad de la jubilación.