Is the housing market’s tide really turning?
When the Facts Change
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New Zealand Housing Market
i went along to the reserve bank to talk to its new chief economist, paul conway. i challenged him point by point on why he thought this time was different. He said population growth has been a really important driver of the housey market. The housing market is not just a story of population growth, as also yng long term interest rates in there,. And zoning regulations and the like.
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