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Housing prices crash, first home buyers surge

As the debate over Australian housing price falls and the correct approach to negative gearing and the capital gains tax discount on existing homes continues, we have new hard evidence from New Zealand on the impact of housing crashes on demand from various different buyer cohorts. Of all the major cities in New Zealand, Wellington The post Housing prices crash, first home buyers surge appeared…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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