Are Immigrants really responsible for the property price boom?
Are immigrants really responsible for the real estate boom? This is the hot potato, endless commentary on whether house prices are headed for a boom or a crash, if the boom will continue or the bust is around the corner. NZ economy or for that matter any economy is tied with real estate values, so real estate is not a standalone entity, it’s the new gold standard and a ripple in the real estate can create shock waves in the overall economy, as it did in 2008. So are immigrant