NZ property market about to collapse.

[billy the kid]

https://www.zerohedge.com/markets/kiwi- ... ing-bubble
The NZ Ponzi scheme aka the real estate property market is about to collapse...
AND guess what....Australia will follow suit....

[Black Orchid]

The Aus property market needs to take a dive and when it does we need to prohibit foreign ownership, especially the Chinese, from buying up everything and artificially inflating it again. Talking about Sydney here I don't know what prices are like in other states.

[billy the kid]

The Ponzi scheme is about to collapse...
No-one in Australia can afford to buy real estate.
The ponzi scheme, constantly propped up by government policy, the banks, the real estate
agents, is at an end...
The overseas investment by chinese buyers is only the tip of the iceberg.