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17 Aug 2022 15:50
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  •   Home > News > Business

    The Reserve Bank has offered a window into the future of building wealth through home ownership

    The Reserve Bank has offered a window into the future of building wealth through home ownership


    It predicts changes to the tax system, zoning and slowing population growth mean the housing market isn't going to be as strong.

    Reserve Bank Chief Economist Paul Conway says believes it will be more difficult to increase wealth through housing.

    He forecasts while talented investors will figure out a way to make it profitable, for most people it'll be a lot harder to make money out of property.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     17 Aug: The official cash rate has risen, and is expected to head higher still
     17 Aug: The Reserve Bank has increased the Official Cash Rate 50 basis points, taking it from 2.5 percent to three
     17 Aug: Supply chain issues that have tormented the construction industry, haven't stopped Fletcher Building delivering strong financial results
     17 Aug: The Finance Minister says cyber security is of the utmost importance for the Reserve Bank
     17 Aug: Aucklanders are willing to spend big for sea views
     16 Aug: MPI officials are rejecting suggestions China's been banning New Zealand meat imports
     16 Aug: Earthquake strengthening may not be the disaster many Wellington building owners should be fearing
     Top Stories

    RUGBY RUGBY
    Black Ferns flanker Alana Bremner doesn't have to look far for inspiration should she be named to play in Saturday's test against Australia in Christchurch More...


    BUSINESS BUSINESS
    The official cash rate has risen, and is expected to head higher still More...



     Today's News

    Rugby:
    Black Ferns flanker Alana Bremner doesn't have to look far for inspiration should she be named to play in Saturday's test against Australia in Christchurch 15:29

    Politics:
    Questions over whether Scott Morrison was involved in delaying release of new energy price until after election 15:19

    Entertainment:
    Rachel Stevens cried her eyes out watching her 11-year-old daughter Amelie make her West End debut 15:12

    Soccer:
    The New Zealand women's under-20 football team have exited the World Cup in pool play in Costa Rica 14:59

    Business:
    The official cash rate has risen, and is expected to head higher still 14:49

    Entertainment:
    in a heartfelt message 14:42

    Entertainment:
    Adele has dec lared she wants to marry boyfriend Rich Paul as she has "never been in love like this" 14:12

    Business:
    The Reserve Bank has increased the Official Cash Rate 50 basis points, taking it from 2.5 percent to three 14:09

    Law and Order:
    The homicide investigation continues into the discovery of human remains in Auckland's Manurewa last Thursday 13:49

    Entertainment:
    Ashley Graham has celebrated her 12-year wedding anniversary with her husband Justin Ervin 13:42


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