Business
Investors blame first home buyers for housing crisis – MacroBusiness
It’s become increasingly apparent that New Zealand is facing another housing bubble.
New Zealand’s housing market has brushed off the COVID-19 pandemic, recording 2.1% value growth in the two months to October to be up 8.0% year-on-year – reaching another record high:
According to CoreLogic:
The support mechanisms put in place by the Government (wage subsidies) and banks (mortgage deferrals) have helped cushion the market, while the Reserve Bank of New Zealands (RBNZ) intervention (Quantitative…
Continue Reading
-
Noosa News24 hours agoMoreton Bay oyster farm survives cyclone with help of wave wall innovation
-
General23 hours agoPort’s lease a ‘mistake’ as major parties flag takeover
-
Business22 hours agoThese ASX 200 shares could rise 50% to 60%
-
General21 hours agoAustralia’s Myanmar community mourns earthquake losses