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New Zealand startup BLOXX is launching a home ownership model that eliminates mortgages in a pitch to those shut out of the housing market.
BLOXX, is offering a new way to get on the property ladder - starting with just 1% down and payments similar to rent.
It’s a new company called BLOXX. It involves actor Cliff Curtis and former banker Chris Smith who are worried so many people can’t get on the property ladder.
Cliff Curtis explains why he's a 'debt-phobe' as he joins the advisory board of BLOXX, the new build-to-own company.
To make this new model work for thousands of people, we have to undo our collective cultural conditioning and accept there is an alternative way to buy homes.