It’s clear that New Zealand housing is wildly overvalued and being used as a way to hoard wealth. How on earth did we get here?
Opportunity cost is what you give up in terms of money when you make one decision over another. Here’s what it’s actually costing you…
Too much inflation and price instability becomes unmanageable. It feeds on itself to erode economic confidence.
I’m still unconvinced the Auckland property market has found its feet in the current environment. Also the recent OCR slash will unlikely change that.