Where are inflation and interest rates in New Zealand headed? Quantitative easing increased money supply but the government didn’t expect that to result in inflation. Huh?
Housing in Queenstown is not affordable for many people, driving the community and skills we need away from the area. COVID is just making this worse and there are no obvious solutions.
Rising house prices and unaffordable housing – a decadal problem in New Zealand (and much of the world) that appears intractable to the economic policy approaches governments use to solve it.
Cameron Bagrie has come clean and said he doesn’t know what is going to happen to NZ house prices. However, people don’t like, “I don’t know.” They want certainty from their fortune tellers.