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New Zealand

Could New Zealand's property bubble bring down Jacinda Ardern?

13 March 2022

5:30 PM

13 March 2022

5:30 PM

The news this week that the price of an average UK home has hit £260,000 came as a bit of a jolt for New Zealanders. Kiwis who obsessively follow such matters were left wondering how even property in London can be cheaper than buying a house over here. The average home in New Zealand costs £520,000, and significantly more again in either of our two major cities, Auckland and Wellington.

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