Brodie Kane on the pros and cons of buying a house with a friend

Making Cents

TV presenter Brodie Kane shares her co-ownership journey, and what she learned from hosting the new TV series On The Ladder with Kiwibank.

Buying a house is far from easy, because let’s be honest, they’re expensive

Building up a deposit, getting approval from the bank, then keeping paying it off, it’s all a bit of a mountain to climb

Not to mention, if something goes wrong with the house, you’re now in charge and have to figure repairs, maintenance, and all the other very adult stuff.

Well some people are teaming up to make these problems less scary.

Rather than buying with a romantic partner, you could buy in with family, or friends.

Big commitment there, but for some, the only way to get into property.

So what can go right and wrong with this, and how do you do it smartly?

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