Property a productive investment: Newland

He says those who say that investment in property should be discouraged because it is not productive for the country’s economy are wrong.
 

"Every time a property changes hands, there’s carpets, blinds, drapes to be done. Slowing the market would have a huge knock-on effect to unemployment. Maybe it’s not exports but if someone has a $50,000 or $100,000 deposit, what can they do in the export market? I don’t know.”