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14 Aug 2022 11:44
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  •   Home > News > Politics

    The Reserve Bank has offered a window into the future of building wealth through home ownership

    The Reserve Bank has offered a window into the future of building wealth through home ownership


    It predicts changes to the tax system, zoning and slowing population growth mean the housing market isn't going to be as strong.

    Reserve Bank Chief Economist Paul Conway says believes it will be more difficult to increase wealth through housing.

    He forecasts while talented investors will figure out a way to make it profitable, for most people it'll be a lot harder to make money out of property.

    © 2022 Newstalk ZB, NZCity

     Other Politics News
     13 Aug: Schools across New Zealand are struggling to fill teacher positions in nearly every subject
     13 Aug: A new partnership has been agreed between by iwi and four maori health providers
     13 Aug: Secondary school teachers are calling for the Government to invest in young people
     13 Aug: National says changes to developing build-to-rent houses are long overdue
     13 Aug: Chris Luxon has explained his decision to have an independent investigation into Sam Uffindel
     12 Aug: Kiribati court grants David Lambourne bail, slams attempts to deport High Court justice back to Australia
     12 Aug: Nominations have officially closed for this year's local body elections
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     Today's News

    Soccer:
    Manchester United lose 4-0 away to Brentford to go bottom of the Premier League 11:19

    Golf:
    American JJ Spaun has a one shot lead after the third round of the opening PGA Tour playoff event in Memphis 11:09

    Tennis:
    Simona Halep has beaten American Jessica Pegula 2-6 6-3 6-4 and reach the Canadian Open WTA tennis final in Toronto 10:49

    International:
    In the Greek islands, the Antikythera shipwreck yields statues, human teeth and the missing head of Hercules 10:29

    Rugby:
    Argentina crushes the Wallabies 48-17 in the Rugby Championship, All Blacks stun Springboks in Johannesburg 10:29

    Law and Order:
    A US district attorney's office has provided an update on Salman Rushdie's injuries 10:28

    Rugby:
    All Blacks coach Ian Foster is praising the performance of his trio of inexpereinced props who helped nullify the Springboks up front in the 35-23 Rugby Championship win at Ellis Park 10:09

    Living & Travel:
    Farewell Fooey: Guardian of the ABC's PNG bureau, a friend to correspondents and an enemy of stray cats 10:09

    Motoring:
    An Auckland e-scooter rider has been tossed into the air in a horrifying crash with a car overnight 10:09

    Auckland:
    Four people are in hospital after a one-car crash on Auckland's Northern Motorway 9:28


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