Citation Hunt

Leaderboard

The Wikipedia snippet below is not backed by a reliable source. Can you find one?

Click I got this! to go to Wikipedia and fix the snippet, or Next! to see another one. Good luck!

In page Economy of New Zealand:

"

Whether purchases are made by New Zealanders or by foreigners, it is generally those who are already well off who are buying the bulk of properties on the market. This has had a dramatic effect on home-ownership rates by Kiwis, now at its lowest level since 1951. Even as recently as 1991, 76% of New Zealand homes were occupied by their owners. By 2013, this had reduced to 63%,[13] indicating that more and more people are having to rent.[citation needed] Raewyn Cox, chief executive of the Federation of Family Budgeting, says: "High prices and high interest rates (have) sentenced a rising number of New Zealanders to be lifetime tenants" where they are "stuck in expensive rental situations, heading towards retirement".[7]