New Zealand’s residence rates are finally falling. Could this take place in other places?
Costs have visited up to 30% in some parts of the country– but experts say challenges to own a home remain
Three years ago, New Zealanders would certainly have it found it nearly impossible to envision the country’s sky-high residence costs falling.The market was regarded among the least economical in the world, with home costs virtually 9 times the typical income and supply dismally reduced. Determined first home purchasers were being squeezed out of the market by cashed-up capitalists. Continue reading … Source: The Guardian