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19 Aug 2022 11:59
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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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     18 Aug: Funding to ensure new buildings in the capital are up to scratch when it comes to the environment
     18 Aug: Campaigners are calling for a solution to New Zealand's persistent gender pay gap
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    British chemical baron Sir Jim Ratcliffe's interest in buying Manchester United football club has raised intrigue that their American owners, the Glazer family, might sell More...



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