Zardnaar
Legend
Extreme case here. Side effect of Covid and not bailout.
House prices up by $273000 in a month.
It's also nationwide so unlike America you can really relocate anywhere else. There's bad, worse and terrible.
Think prices but a million dollars in some snakkcuty of around 50k.
Government didn't outright say it but they basically guaranteed house prices wouldn't fall and they were already bad pre Covid.
Stuff
i.stuff.co.nz
House prices up by $273000 in a month.
It's also nationwide so unlike America you can really relocate anywhere else. There's bad, worse and terrible.
Think prices but a million dollars in some snakkcuty of around 50k.
Government didn't outright say it but they basically guaranteed house prices wouldn't fall and they were already bad pre Covid.