$90,000 in KiwiSaver but 'renting for life'
A Dunedin resident is struggling to purchase a home because current KiwiSaver withdrawal rules prevent her from accessing her savings due to her asset levels. She argues that these rigid policies force her to remain a renter despite having significant savings.
Why it matters
This highlights the tension between retirement savings policies and the immediate need for housing affordability for individuals re-entering the property market.
*Correction: This story has been updated to clarify the price cap for Dunedin.
The article presents a personal narrative regarding government policy without taking a partisan stance.
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