Those pesky New Zealanders have beaten us again, stealing the gold medal for the unenviable title of having had the largest increase in real house prices since 1980:
Watch as Western countries compete for the unenviable position of having had the largest increase in real house prices since 1980.
This is a race no one wants to win, particularly if they can’t back it up with equally rampant increases in wages or quality of their housing stock. pic.twitter.com/V8WtWceRL0
— Mathew Pottinger (@matpottinger) June 19, 2020
At least we have beaten them on household debt, where Australia has also taken the silver medal (behind Switzerland):
C’mon Australia, we need to try harder. Coming second is first last [/S].