Reserve Bank solution misses the point

Gareth MorganEconomics, Property

Remedy for New Zealand’s housing bubble needs to focus on curbing investors’ enthusiasm for property. The Reserve Bank has announced it will lift the ratio of deposits to loans in order to take the heat out of the housing market. … Read More

Blind Man’s Bluff

Gareth MorganProperty

Gareth Morgan, Director of Gareth Morgan Investments Like a herd of stuck swine, second hand house dealers have squealed with indignation at the Infometrics analysis of last week that pointed to the likelihood householders would be diluting their exposure to … Read More

No Clemency

Gareth MorganProperty

Gareth Morgan, Director of Gareth Morgan Investments Robin Clements’ defence of his affordability index is inadequate. My dictionary describes affordability as “the position of being able to do something without adverse consequences”. On this measure of basic English comprehension the … Read More