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  1. C

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

    @reathua9 For what it's worth I think investors who weren't specifically buying for up to code rentals are the ones most likely to be burned by the current downturn since turning round and renting out the property is unlikely to cover costs and the resulting rental glut might also see more...
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