The government was warned about the Kiwi appetite for PIEs when it decided to hike the top personal income tax rate.
NZX added five new listings in 2020 but that just kept total issuer numbers steady.
The RMA has been a thorn in government's sides for 30 years. Good luck in unravelling it.
A doubling in prices from the end of 2019 would mean a median sale price in Auckland above $1,750,000 by 2026.