Bloomberg has turned its attention to New Zealand’s prolonged housing downturn, highlighting the extent to which the broader economy has relied on rising house prices.
The report said falling prices are contributing to pressure in the construction sector and financial strain for some homeowners, while also improving affordability for first home buyers.
Sign in below or
become a Member
to join the discussion.
Join the conversation by adding your comments to this story. Comments on this site are moderated before publication to encourage respectful and civil debate. By submitting your comment, you agree to our commenting rules available here.
0 Comments