Hi What will it take to burst the Auckland Property Bubble?
One doomsday scenario I can think of and outside chance of actually happening is if insurance companies stop taking on new housing policies nation wide and banks stop loaning because new house insurance is impossible--so nobody can buy unless they have cash in hand
Anyone here think of anything else that can burst the bubble?
One doomsday scenario I can think of and outside chance of actually happening is if insurance companies stop taking on new housing policies nation wide and banks stop loaning because new house insurance is impossible--so nobody can buy unless they have cash in hand
Anyone here think of anything else that can burst the bubble?
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