New Zealand Housing market crisis explained by a property investor.
There’s not much to say about the New Zealand housing market other than it’s unaffordable. New Zealand property is currently among the most unaffordable in the world. Period. Why? Well, that’s another story.
Here is the voice of the Property Investors Federation chief executive Andrew King. Confronted with one of the reasons why property get’s more and more expensive, which is speculation, he answered that he didn’t believe investors are pushing first-home buyers out of the market. His reasoning in the following. With comments.more