Jacinda Adern’s boulevard of broken promises

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Interest.co.nz has published an interesting article on how this year’s national election campaign will confront exactly the same housing problems as the 2017 election:

Labour will be stuck between a rock and a hard place campaigning on housing issues ahead of the election.

On the one hand it has house price growth to thank for the strengthening economy. On the other, it has house price growth to blame for making life more difficult for the most vulnerable in society it pledged to protect.

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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.