Wednesday, 31st March, 2021
Notwithstanding the global pandemic, the NZ housing market has hogged the local media headlines as well as the domestic political and market narrative. House price inflation is rampant (22% yoy and climbing). There is the view that the circa $1.5 trillion housing market has become a one-way bet, benefitting property owners and bolstering investor demand at the expense of those wanting to get onto the housing ladder. Something needed to be done.