https://www.kiwiblog.co.nz/2021/08/arthur_grimes_on_the_hous
ing_catastrophe.html

Gone from crisis to catastrophe.
Lets blame all those nasty speculators and migrants some more.

pcle - 2021-08-30 13:50:00

pcle wrote:

https://www.kiwiblog.co.nz/2021/08/arthur_grimes
_on_the_housing_catastrophe.html

Gone from crisis to catastrophe.
Lets blame all those nasty speculators and migrants some more.

Don't forget the boomers

mulch_king - 2021-08-30 16:00:00

Well written article, on top of all this first home buyers will be hit hardest in October with changes to the CCCFA. The extra flat whites or buy now pay later can cause a bank to decline.

jeffqv - 2021-08-30 16:34:00

Terrible mess. Good article

sweetgurl108 - 2021-08-31 12:52:00

Surely Avo on Toast is the cheapest brekkie in town

funkydunky - 2021-09-02 08:40:00

Would lower migration reduce demand? Arthur didn't think so.

amasser - 2021-09-02 11:36:00

amasser wrote:

Would lower migration reduce demand? Arthur didn't think so.

No. Because housing is still seen as the piggy bank of the nation.

sparkychap - 2021-09-02 12:37:00

What did they expect, printing all that money?
Property is a real asset and held its value. The value of money has been diluted so a dollar is worth less now.

masturbidder - 2021-09-08 11:53:00