July 2023

New Zealand’s Troubled Housing Market: A Downswing with Uncertain Prospects

person By Hadar alarm 11th Jul, 2023
New Zealand's Troubled Housing Market:

Step into the remarkable world of New Zealand, a country grappling with one of the most challenging housing markets worldwide. Over the past 18 months, the nation's homeowners and investors have witnessed the erosion of billions of dollars in wealth due to a sharp decline in housing prices triggered by soaring mortgage rates during the Covid pandem...

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