NZ Government stocktake reveals “devastating” housing crisis

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By Leith van Onselen

MB has consistently argued that New Zealand’s housing market is even more diabolical than Australia’s, as evident by it being the most expensive in the Anglosphere when measured against GDP:

As well as against incomes:

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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.