Auckland's property bubble has burst – where next?
The possibility of lower interest rates might not be enough to halt a market correction, says economist Cameron Bagrie.
Desperate Aucklanders are listing their properties for sale at up to 30% below their council valuations, appearing to confirm that the city's property bubble has well and truly burst.
And former ANZ economist Cameron Bagrie believes Tauranga, Hamilton and Queenstown could soon follow.
A Herne
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