The cusp of something “special” in Auckland
Could be that the Auckland property market is turning downwards.
housing bubble
Trump and the NZ housing bubble
The bright orange trigger for a sharp rise in mortgage interest rates may have just arrived. Our over-indebted home owners are highly vulnerable.
We can’t say we weren’t warned
When the Auckland housing bubble bursts a lot of people are going to lose a lot of money. They won’t be able to say they weren’t warned.
Housing crisis
Housing is very much in the news again. Short term profit and bugger the consequences!
WMBAD: The Auckland Housing Bubble
The White Man Behind A Desk is back, with equal opportunity satire and a special message to rich people.
NRT: This is wrong
“Auckland’s median house price rising a record 26 per cent to $755,000 over the past year..”. This is what a bubble looks like: when your house “earns” a top-end salary just by existing. And its a perfect example of why we need a capital gains tax.