Stickman Posted February 15, 2019 Report Share Posted February 15, 2019 Property prices in New Zealand are way too high for sure, and I think so many of the problems in life here in Kiwiland come back to the fact that most house buyers are going to be in debt from the day they buy through to retirement. The sad thing is that whatever happens, there are going to be people severely hurting. If prices plateau or keep going up, young people are stuffed. If prices drop a small amount, anyone who bought in recent years will have issues. If prices drop a lot, there will be major economic ramifications. Things just went way too far, didn't they? 1 Link to comment Share on other sites More sharing options...
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