Economy
Wellington homeowners face steep losses as property values plunge
Buyers who entered the market during the COVID-era boom are among the hardest hit.
September 13, 2025
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Buyers who entered the market during the COVID-era boom are among the hardest hit.
Government borrowing during the pandemic “borrowed growth from the future.”
“Destroying the idea that the New Zealand economy should just be based on house price growth is a fundamental formula this government is trying to embed.”
“Health care is backed by crossed fingers.”
About 40 percent of applicants are from the United States.
The Reserve Bank expects annual GDP to crawl forward at just 0.7 percent.
“The numbers don’t necessarily support the narratives…”
The Fraser Institute’s Annual Survey of Mining Companies ranks New Zealand ahead of Western Australia.
“There’s still very unhealthy competition or none … we’re still paying very high prices.”