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The investment clock is only a rule of thumb anyway. Baby boomer savings and associated government policy are wacking accepted norms about. It will be a two edged sword. That massive savings inflow inflating asset prices will be a mighty tide to stem on the way out. A hit to confidence is all it takes.
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Well property is not just driven by the supply of easy money, population growth being the biggest driver IMHO.
But where NZ stands on that clock i would guess at about 12:30. I'd suspect Aussie would be about the same.
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