Is the property boom a house of cards?

Monday 26 January 2004

The knock-on effect of Government policy on immigration is clear in our daily lives.

By The Landlord

A new study by the Organisation for Economic Co-operation and Development (OECD) shows that New Zealand had the second-highest level of immigration in the world per head of population in 2001, beating countries such as Britain, Germany, Canada and the United States, where immigration has also been a major political issue.

Only Luxembourg out of the developed countries had a higher level than New Zealand.

While some New Zealand politicians may take comfort from being near the top of an OECD statistic, when we appear to be sliding towards the bottom in many of the more important ones, the figures will add fuel to the flames for those who, like Winston Peters, ask how many new arrivals is too many?

Read More - Opens in a new window
Commenting is closed

Property News

Tenancy reform submissions due March 25

Worried about the government’s tenancy law reforms? You’d better speak up soon because there’s under a month to make a submission on the legislation.

House Prices

Regions lead the price growth pack

Provincial markets stole the asking price spotlight from the main centres in January, according to the latest Trade Me Property Price Index.


Headwinds for the commercial market

Tightening credit conditions could impact on New Zealand’s booming commercial property market, according to the Property Council’s chief executive.


Heartland launches reverse mortgages for investors

Heartland has expanded its reverse mortgage business and will now lend against investment properties and second homes, as the product becomes more popular in New Zealand.

Site by PHP Developer