End of the property party? Good news

  • Don’t blame the media for spoiling the party and precipitating the levelling off of the Auckland housing market boom. There comes a point in any long-run boom – be it for shares, property, or commodities – when rational behaviour kicks in.

Speculators consolidate their positions and the market levels off.


From a taxpayer perspective, the sooner the market consolidates the better. Photo / Michael Craig

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