Early Edition with Kate Hawkesby

Every time I’m confronted with what people are pay for rent I am completely shocked at how anyone can afford to part with that kind of money, and still have money anything else.  I’ve real concerns for my daughters who are in their 20s and just how on earth they will ever get to a position where being able to afford a mortgage is a viable proposition.   Yesterday, TradeMe revealed the whopping all-time high rental costs across the country.   The biggest increase was seen in Northland, where the median weekly rent skyrocketed. At the start of last year, the median rent for Northland properties was $500 a week. By December, that had jumped to $560.  Manawatū, Whanganui, Taranaki and Canterbury also saw enormous increases of at least $40 per week.  Do you think it’s time to completely flip the desk on the astronomical cost of existing and seriously consider other ways of living?   Is it time to get more communal and build properties as communities which may involve friends and family as a means to reduce the cos