Wake Up Call: Bubble bubble housing trouble

The Bloomberg Economics bubble ranking has NZ at the top and the most at risk of correction.

Wed, 16 Jun 2021

Summary NZ is the frothiest market in the current housing bubble, although fears of another global housing price crash like that in 2008 are tempered by more prudent lending policies. Employers who wrongfully took wage subsidies face prosecution, with decisions due in coming weeks.NZ housing frothiest NZ performs the worst in a list of the riskiest housing markets in the world. Bloomberg Economics’ latest "bubble ranking” has put NZ at the top as the frothiest market and most at risk of correction, according to its pr...

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