Chat transcript: Buy a home now? Or wait it out?

With the hot market, should you buy a home now? Or wait for the market to cool?

On April 22 at 12 noon, NZ Herald hosted a live chat with Shamubeel Eaqub, an independent economist. His book Generation Rent: Rethinking New Zealand's Priorities argued that rising prices were locking a generation of New Zealanders out of home ownership, with potentially disastrous consequences for society and the economy.

Eaqub is one of three property experts advising our Home Truths house hunters - and readers - on how to find your first home and what to watch out for in a hot housing market.