Dawn chorus: Housing inflation raging in provinces

CoreLogic says annual inflation hits 20%-plus in provincial cities; Values up 15.3% in 3 months in Whanganui; Annual rate hits 30.6% in Gisborne; Yet RBA & RBNZ threaten more money printing

TLDR: This truly is a fantastic time to be a property owner and an awful time for younger first-home-buying hopefuls that are most affected by Covid-19 income stress and seeing house prices recede further into the never-never land. This is the K-shaped recovery writ large.

Despite all the talk of politicians that house price inflation is unsustainable an…