How low can prices go, and when is it expected to happen?
Without reading his article, who knows?
High house prices caused by this and that
Increasing interest rates should stem increases as less demand
Outflows of Kiwis should stem demand
Building is up, but its blessed with component inflation.
Eventually once Covid (and its supply issues) and the war (with its inflationary impact) is over, and the outflow of Kiwis things will ease.
When you are in a country where the population is less than half greater LA, you go with the flow, there is little we can mitigate here
Would this work? I thin it's a good idea - anything to get people into their own home, but I diunno, what would a person in this sort of role do exactly? (serious question).