Economist picks land price correction

[Perry]

A leading economist believes New Zealand has an over-abundance of land and says prices will have to come down in the near future. ANZ chief economist Cameron Bagrie warned "prices are going to have to adjust and this will be the story of 2010."

Nope!
That was how long ago?

Is it coming true, at last?

Nope.

Quite the opposite.

I hope Cameroon has packed his Bagries and gone the way of all the other failed econ-o-mist pseudo-prophets.