RBNZ says house prices 5%-20% away from being 'sustainable' - Interest.co.nz

Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs

So, have you been wondering what "sustainable" house prices are? The Reserve Bank has been telling us NZ house prices are above "sustainable" levels - but it's not been clear to the great unwashed a… [+2900 chars]

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