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10 Aug 2022 5:03
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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

    1 July 2022
    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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     09 Aug: People are being urged to check their insurance options, as premiums continue to rise
     09 Aug: Food prices are set to keep rising
     09 Aug: A correction in the housing market is beginning to bite across New Zealand
     08 Aug: An Auckland storage locker has been auctioned off for two-hundred-thousand dollars
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