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The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1 ] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
US house price trend (1998–2008) as measured by the Case–Shiller index Ratio of Melbourne median house prices to Australian annual wages, 1965 to 2010. As with all types of economic bubbles, disagreement exists over whether or not a real estate bubble can be identified or predicted, then perhaps prevented.
After posting a year-over-year decrease in February 2023 for the first time in more than a decade, the median sale price of a single-family home has been on the rise again, recording annual growth ...
About 545,500 residents left New York last year, with nearly 100,000 heading for the Sunshine State. Why made them decide Florida was their new home?
An economic downturn can be a scary time for investors. As consumers spend less, company profits are reduced which can spell trouble for the stock market. If you're planning to stay invested during...
The leaky homes crisis is an ongoing construction and legal crisis in New Zealand concerning timber-framed homes built from 1988 to 2004 that were not fully weather-tight. . The problems often include the decay of timber framing which, in extreme cases, have made buildings structurally unsou
A 2018 report by the Union of Concerned Scientists, titled: Underwater: Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate stated that Florida is the state with the most homes at risk from climate change: "about 1 million homes (more than 10% of the state's current residential properties)." [66]
New Zealand Prime Minister Jacinda Ardern faces tough challenges as she heads into a general election campaign next year, with economic growth slowing, divisive referendums looming and a country ...