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18 Aug 2022 8:28
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  •   Home > News > Politics

    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 Politics News
     18 Aug: More calls for New Zealand employers to measure and publish their gender pay gaps
     17 Aug: The Prime Minister insists there's a way back into Labour's good books for Gaurav Sharma
     17 Aug: Questions over whether Scott Morrison was involved in delaying release of new energy price until after election
     17 Aug: The Finance Minister says cyber security is of the utmost importance for the Reserve Bank
     16 Aug: Retail NZ has praised a proposal from Act targeting combating youth crime
     16 Aug: MPI officials are rejecting suggestions China's been banning New Zealand meat imports
     16 Aug: The NRL will wait until later in the week to make a call on which stadium will host the grand final as talks still continue with the Queensland government about a possible shift from Sydney
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     Today's News

    Law and Order:
    Police are continuing to investigate a brawl that forced Auckland's Papakura High School into lockdown yesterday afternoon 8:08

    Entertainment:
    Cameras strapped to dolphins capture surprise sea snake feast 7:58

    Soccer:
    Kosta Barbarouses has scored the first goal of his third stint at the Wellington Phoenix 7:58

    Business:
    More calls for New Zealand employers to measure and publish their gender pay gaps 7:48

    Entertainment:
    Comedian Teddy Ray reportedly died from drowning 7:42

    Business:
    The OCR may be rising, but that doesn't necessarily mean mortgage rates will go the same way 7:38

    Environment:
    The wild weather is expected to roll on, as severe warnings remain for the top of the South Island 7:38

    International:
    In a remote enclave, a young resistance army is challenging the might of Myanmar's junta 7:28

    Law and Order:
    A Coroner has ruled a Marlborough man died not from the crash he was involved in, but the antifreeze he drank afterwards 7:28

    Business:
    Kiwis are spending more, but getting less bang for their buck 7:18


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