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A day after ANZ bank warned that Auckland’s housing shortage would worsen in the period ahead, ratings agency Standard and Poors (S&P) has followed suit. From Interest.co.nz:
The credit rating agency estimates a housing supply shortage of between 30,000 and 40,000 dwellings in Auckland.
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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.