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14 Aug 2022 3:20
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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
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     12 Aug: An Auckland real estate agent has been jailed for two years for defrauding two businesses out of more than half a million dollars
     12 Aug: Foodstuffs is extending its price rollback on key products for another three months
     12 Aug: Food prices are 7.4 percent higher than this time last year
     12 Aug: A major change to social attitudes may be needed, to stem the current spate of youth crime
     12 Aug: Why Beijing is banning imports of a popular brand of Taiwanese corn chips but not their microchips
     Top Stories

    RUGBY RUGBY
    The established midfielders in the Wellington Lions squad are happy to have a youngster providing competition for their starting spots More...


    BUSINESS BUSINESS
    A milestone birthday for our Interislander ferry service More...



     Today's News

    Auckland:
    One end of a street in Auckland's Point Chevalier has been submerged as water burst from the ground 21:49

    Christchurch:
    Police are asking for sightings of a van involved in a hit and run in Christchurch 21:19

    Politics:
    Schools across New Zealand are struggling to fill teacher positions in nearly every subject 18:59

    Rugby:
    The established midfielders in the Wellington Lions squad are happy to have a youngster providing competition for their starting spots 18:39

    Law and Order:
    Salman Rushdie, the Booker Prize-winning author and fierce critic of religion with a bounty on his head 18:09

    Rugby:
    The Springboks are relishing the chance to unleash their World Cup winning loose forward trio to dish out further torment for the All Blacks 18:09

    Accident and Emergency:
    The pilot and passenger of a light aircraft have survived a plane crash in the Nelson Lakes region 17:39

    Politics:
    A new partnership has been agreed between by iwi and four maori health providers 17:29

    Rugby:
    Belief from the Springboks camp that Richie Mo'unga's inclusion at first five bolsters the All Blacks for tomorrow morning's second test 16:19

    Rugby:
    The All Blacks are determined to right the wrongs of the first test against South Africa when they meet again tomorrow morning at Ellis Park 16:09


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