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RBNZ Governor Wheeler: Auckland housing in a supply side problem

RBNZ Governor Wheeler: Auckland housing in a supply side problem

Central Banks
Eamonn Sheridan
24/02/2015 | 23:49 GMT

Comments from Reserve Bank of New Zealand Governor Wheeler

Appearing before the Finance Select Committee at NZ's parliament.

  • Says Auckland faces housing shortage
  • Auckland housing is a supply side problem

I reckon there'll be more to come

-

Wheeler's comments could be applied to Sydney as well (and much of Australia ... I'm gonna get up my soapbox here... It'll remain a supply-side problem while the NIMBY's and house-owners/investors lobby have the upper hand in the debate)

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