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29 Jan 2022 1:22
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  •   Home > News > Business

    People may need a reality check when it comes to housing

    People may need a reality check when it comes to housing


    A new Kantar OneRoof survey shows more than 80 percent think house prices are too high ... in light of the average price doubling to one-million dollars in seven years

    Forty percent of people think the Government needs to intervene and force prices down.

    But Independent Economist Tony Alexander says that's ridiculous.

    He says they'd have to strip independence off the Reserve Bank which would have seriously bad consequences.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     28 Jan: Properties around Auckland's light rail line are likely to face a value capture tax
     28 Jan: A Wellington city councillor wants plans to borrow more money to cover a three million dollar error, scrapped
     28 Jan: The Finance Minister is ruling out using austerity measures, to combat rising inflation
     28 Jan: A range of things is underpinning the increases in retail prices
     28 Jan: Changes to the Official Cash Rate - and fast - could be on the horizon
     27 Jan: Food company Hello Foods is recalling batches of Natava SuperFoods due to the presence of Salmonella
     27 Jan: Christchurch airport is now a location of interest - as the city registers four new Covid cases
     Top Stories

    RUGBY RUGBY
    How will women's Cricket World Cup teams cope if they experience a spate of Covid-19 cases? More...


    BUSINESS BUSINESS
    Properties around Auckland's light rail line are likely to face a value capture tax More...



     Today's News

    Entertainment:
    Michael Madsen's son has been found dead aged 26 21:54

    Accident and Emergency:
    A motorcyclist is in a serious condition following a crash on Edmonton Road in Te Atatu 21:52

    Entertainment:
    Cardi B has been awarded $1.25 million in her federal libel lawsuit against Latasha Kebe 21:24

    Law and Order:
    A 67-year-old man who was reported missing in Hillsborough today has been found safe and well 21:12

    Rugby League:
    Front-rower Addin Fonua-Blake has secured his future at the Warriors, agreeing to a contract extension that will keep him at the NRL club until the end of 2026 21:02

    Law and Order:
    The Loop: Australia's deadliest day of the pandemic, police investigate alleged illegal importation of RATs, and a pen pal's letter — delivered 50 years after it was sent 21:02

    Entertainment:
    Marilyn Manson has denied claims he "essentially raped" Evan Rachel Wood while filming a music video 20:54

    Entertainment:
    Dame Emma Thompson has described plastic surgery as "a form of collective psychosis" 20:24

    Entertainment:
    Kristen Stewart and Dylan Meyer were "lucky" to stage their engagement party amid the COVID-19 pandemic 19:54

    Entertainment:
    Zac Efron is determined to "challenge" himself in 2022 19:24


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