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There are doubts the proportion of homeowners in New Zealand will grow significantly anytime soon.

Kiwibank's Annual State of Home Ownership Index finds 57% of non-owners feel locked out of the market, improving by 6%.

60% still find cost of living the biggest obstacle to owning a house.

Squirrel Mortgages Chief Executive David Cunningham told Ryan Bridge that problem's always existed, adding that home ownership typically stays around 65%.

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