“It feels like you can't settle down, and you can't buy a house. Inflated house prices, and law and order were the other two variables that had “popped” in the post-covid environment. The only way out of the inflation cycle was a period of lower growth, falling house prices and higher unemployment. “And we're likely to do so because of this confluence of high house prices, high interest rates, [and] higher cost of living. MONIQUE FORD / STUFF CoreLogic head of research Nick Goodall outlines the looming factors that could sink house prices, and how important the next election will be.

Source: Stuff May 15, 2022 09:15 UTC