It's simplistic to suggest returning New Zealanders are largely responsible for rising house prices
It's simplistic to suggest returning New Zealanders are largely responsible for rising house prices
13 November 2020
Real Estate Institute figures show median house prices across the country rose by nearly 20 per cent - and hit a million dollars in Auckland..
New Zealand Initiative senior fellow David Law says other factors are more likely playing a part.
He says we're not building enough houses - and in the June quarter the building sector lost about 28 days due to level three and four restrictions.
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