Treasury officials say house price inflation is seen peaking in the 2013 and 2014 years at 7.1%.
Current planning laws are “explicitly designed to drive up housing values”, Finance Minister says.
Thorburn also calls for compulsory KiwiSaver and higher contributions.
Here's a real-life example of a recent property I have tracked for sale in Auckland. It's a tale of sale price expectation that runs ahead of the market - something that's endemic in Auckland.
Sales are up, they are slightly stronger and yet they were down!
GUEST COMMENT: The High Court this week clarified another piece of the wreckage from Mainzeal’s collapse.
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