Roosting chorus: PM sees housing 'problem'
Ardern says lower interest rates a factor in housing 'problem'; says Govt doing all it can on increasing supply and reducing tax advantages for property; PM says Covid-19 beef in China from Argentina
TLDR: PM Jacinda Ardern told her post-cabinet news conference this afternoon very low interest rates were a key factor driving the latest housing boom, which she described as a ‘problem,’ rather than a crisis. She said the Government was doing as much as it could to increase housing supply, given skill and materials shortages, and reduce tax advantages,…
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