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Analysis
4 mins to read

Economic booms, busts stem from housing prices

Economically Speaking: Housing prices are the root of economic booms and busts.

As our economy is recovering from the Covid-19 shock, more people are feeling confident enough to enter the housing market. The resulting increase in housing demand has seen a stunning rise in house prices in the major centres such as Wellington and Auckland. Higher house prices should encourage

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John McDermott Tue, 08 Dec 2020
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Economic booms, busts stem from housing prices
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