Dawn chorus: NZ housing rocket ship
Corelogic reports 7.1% NZ house value inflation in last three months and 2.1% in Jan; Christchurch surges in 3.1% in Jan; Reserve Bank of Australia extends money printing a further A$100b
TLDR: If this was an email on #WallStBets, I would headline it with at least three rocket ship emojis and a couple of diamond hands, given that’s what New Zealanders think about the housing market — it’s going to the moon thanks to massive central bank money printing and political guarantees of support for asset prices, and homeowners are all holding on…
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