New Zealand has the most bubbly house market in the world, according to a ranking by Bloomberg Economics. Real estate prices around the world are flashing the kind of bubble warnings that haven’t been seen since the run-up to the 2008 financial crisis, but who’s to blame?
Many have pointed the finger at greedy Boomers cashing in on the bubble whilst robbing younger Kiwis of the dream of homeownership. Aaron spoke with Brook Turner of VisionWest about the housing crisis in NZ.
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