NZ housing: what if land values tank?

NZ housing: what if land values tank?
Land prices have been bid up by developers seeking to build multi-dwelling units. (Image: Getty)
Brian Gaynor
The lack of in-depth independent analysis of the country’s booming residential property market is a major disappointment.Stockbroking analysts produce detailed reports on large companies, frequently concluding with a sell or reduce recommendation. By contrast, residential property firms generally hype their market, and mainstream media have adopted a similar approach in recent years.This lack of detailed analysis puts residential property owners at a huge disadvantage, particularly because many owners are highly geared and it is our...

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