Quote Originally Posted by troyvdh View Post
NZ has the highest priced residential market in the world.

How many people listened to RNZ today at about 1515 hrs today.

House price appreciation in NZ has "been stupid".

BTW in my humble opinion re interest rates/home prices are they connected.

Off course they are.I could be wrong but surely high interest rates implies high inflation ?

I used to love high inflation because it killed debt.

What would be interesting is some disclosure from fungus araon kiora as to their exposure to the Res mkt.

Me over 4 decades...
I've been a home owner for over 40 years but it is not my core investment
Investing in financial markets is more my thing
Of course supply/demand is more important than interest rates !

Look at the decline in house prices in small rural towns of Europe

https://www.dw.com/en/dirt-cheap-eur...tch/a-69554199