Barrie, you have the wisdom of your age...Stella, how did you get so wise, so young? LOL We bought our first house with a 100% loan (deposit was borrowed from same bank) $90K, now the mortage is over $200K , With ACC,GST and other Tax , plus growing teenagers I spend everything ,and then more, that I earn. Going backwards ...and down hill! (we dont have Sky...we have pets instead) The kiwi way seems to be..work..spend...borrow...party..borrow..holiday..borrow..then die..let someone else take care of the debt. Sad maybe?