Auckland’s $1 million average house price likely to hold despite Kiwibuild
Infometrics chief forecaster Gareth Kiernan says the city's housing undersupply is still too high.
Jason Walls
Mon, 06 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The Coalition government’s Kiwibuild policy is unlikely to meaningfully impact overall Auckland house prices, an economist says.
The government’s building scheme is also likely to “crowd out private sector activity” in New Zealand’s biggest city, Infometrics chief forecaster Gareth Kiernan
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Jason Walls
Mon, 06 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.