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  1. #11
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    Join Date
    Aug 2012
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    Quote Originally Posted by Valuegrowth View Post
    I’m really happy about Housing Minister Chris Bishop’s positive thinking. The biggest household expenses worldwide are rent and mortgage payments.

    https://www.statista.com/statistics/...ing-worldwide/

    House-price-to-income ratio in selected countries worldwide in 4th quarter 2022, by country

    https://rep.infometrics.co.nz/wellin...-affordability
    The govt need to bring in policies to boost housing supply and reduce over-investment resulting in inflating residential land prices, to back up Bishop’s stated desire. Otherwise it will be an empty statement said safely in the first year of government and long before many of his party’s real estate owning supporters will be scared by such statements, if they were made closer to an election.
    Last edited by Bjauck; 03-07-2024 at 09:39 AM.

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