Economy

Tough decisions on speculators for housing crisis – Robertson

Pattrick Smellie
Tue, 09 Feb 2021

Finance Minister Grant Robertson says housing affordability is now a “crisis” situation that will require “bold action” and “tough decisions” to deter residential property speculators and investors.In a speech outlining the government’s priorities for its Budget in May, Robertson talked up the relative strength of New Zealand’s economic position in a world ravaged by the covid-19 pandemic, while confirming the government’s emphasis on getting debt down but also further expanding infrastructu...

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Tough decisions on speculators for housing crisis – Robertson

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