Net migration not a key driver of high house prices

Dr Oliver Hartwich
Mike Hosking Breakfast - Newstalk ZB
13 November, 2020

In a recent interview on Newstalk ZB, prime minister Jacinda Ardern said New Zealanders coming home after Covid-19 was a major factor in record levels of home lending.

Oliver Hartwich explains to Mike Hosking why it is not correct to draw a straight line from high house prices to net migration. 

He says more significant factors are pushing up demand.


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