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Mary Holm (RNZ) 1515 hrs...again stated that NZ house prices ..relative to income were the highest in the world.
It aint going to be pretty.
People may remember a few years back ..in the UK...I believe about 40 % of house owners experienced negative equity i.e. their mortgages were higher than the value of their home.
History repeats.
Last edited by troyvdh; 30-05-2024 at 07:53 PM.
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