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  1. P

    A sea of red for the housing market. Bigger and faster falls than GFC. Wellington down 20%, Auckland down 15%.

    @andro You are comparing apples and oragnes here. GFC is big govt spend up after crash. Now is crash after big govt spend up. It seems house prices are intrinsically linked to interest rates at this point (ignoring our horrid supply side issues).
  2. P

    I think Auckland housing prices will continue to fall by 15%-25%

    @kalenebari Just watch CPI, nothing else matters except interest rates (I know supply matters, but no one has the political courage to touch supply problems).
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