Housing report: Expats not returning from Britain in such big droves
23rd Sep 09, 1:14pm
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Click here for this afternoon's video.
Bernard Hickey delivers an Economic weather report in association with ASB, including a look at charts showing the number of New Zealanders returning from Britain in recent months has improved, but not by as much as they did through 2002/03/04 in the wake of 9/11. Returning New Zealanders are also not as cashed up as they were then because of the weak UK housing market and a very weak UK pound, which discounts some talk in the property market of heavy demand from returning expats. https://www.interest.co.nz/images/nz-citizen-arrivals-au-uk.gif
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