Friday, March 14, 2008
Housing Slump discussion in NZ
Thought this blog would be interesting. NZ house prices have fallen significantly (3-5%) over the past 6 months, now virtually flat year on year (-ve in Auckland). Quite heated debate in the blog, I was doing my best to spread the reality that yes indeed the most overpriced housing market in the world is going down the gurgler. Logic v brainwashed rhetoric best sums up the discussion.