NZ Fin Min: Auckland house prices will crash

Tuesday 29 September 2015

New Zealand Finance Minister, Bill English, has given an insightful speech to Victoria University on New Zealand housing affordability and policy.

English began by warning of an impending crash in Auckland house values, which have surged by 25% over the past year:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.