What a recovery absent a 30% house price rise looks like

ANZ's Sharon Zollner says house prices won't rise another 30%. (Photo: supplied)

Tue, 31 Aug 2021

The post-lockdown recovery period this time will be as near as economists get to a controlled experiment, said ANZ Bank New Zealand chief economist Sharon Zollner.During a webinar organised by Standard & Poor's, Zollner said we all know what a recovery with a 30% rise in house price looks like and we're about to find out what a recovery without that extreme degree of house price inflation looks like."House prices aren't going to go up another 30%, I'm pretty confident saying that," Zollner told BusinessDesk."T...

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