Originally Posted by
winner69
In a piece by Gaynor in BusinessDesk yesterday he reminded me that ‘House price inflation in New Zealand is highly correlated with consumption growth.”
Every guru seems to be predicting house prices won’t go up much next with many saying they will fall.
Retail environment might be rather subdued this time next year …with TWG reporting little or no sales growth. The large growth numbers might be behind them
Subdued sales growth with costs affected by inflation …..lower profits?