TOP leader Geoff Simmons urges major rethink on soaring house prices - News Summed Up

TOP leader Geoff Simmons urges major rethink on soaring house prices


TOP leader Geoff Simmons talks to the Waikato Chamber of Commerce via a video link up on Wednesday. New Zealand needs to curb soaring house prices the same way it flattened rates of coronavirus infection, The Opportunities Party (TOP) leader says. House prices and rents have grown faster than incomes for the past 30 years, meaning much of New Zealanders’ incomes are tied up in housing. Claims high house prices are a sign of a successful economy are misleading, Simmons said. Waikato Chamber of Commerce Waikato Chamber of Commerce executive director Don Good.


Source: Stuff July 23, 2020 03:00 UTC



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