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Economics
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Treasury expects further softening in house prices

Chief economic adviser Dominick Stephens addresses causes of skyrocketing house prices.

House and rent prices was one of the most important issues.

Treasury has again addressed housing affordability in New Zealand – saying low global interest rates, a lack of land, and the tax system sent property prices skyrocketing.  

Deputy secretary and chief economic adviser Dominick Stephens delivered a speech today at the Economic Policy Centre’s

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Treasury expects further softening in house prices
Economics,
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