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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.
Economic Freedom – 4th freest, at 80.6 on Index of Economic Freedom (2022), and 3rd, at 8.28 on Economic Freedom of the World index [citation needed] Fragile States Index, 172/177, being one of the few "sustainable" states in the world. [6] World Intellectual Property Organization: Global Innovation Index 2024, ranked 25 out of 133 countries [7]
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 ...
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Map of New Zealand. The economic history of New Zealand dates to before European colonisation of the country. By the 20th century, it had become one of the most globalized economies in the world, relying heavily on international trade with developed countries including Australia, Canada, China, European Union, the United States, Japan, and South Korea.
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