Housing report: Why the tripling of land prices in Auckland is a disaster
22nd Feb 10, 5:28pm
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Bernard Hickey delivers a housing report in association with BNZ on the tripling in Auckland section prices from 2001 to 2007. Restrictions on land supply and migration have combined to make housing unaffordable for the young and the poor. A cosy coalition of the left and right have come together to protect these capital gains and are unlikely to be shifted without intervention from central government.
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