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Keith Rankin Analysis – Context: the New Zealand Residential Property Market

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August 31, 2026

Keith Rankin writes; New Zealand property market booms have never been driven by low interest rates compelling people to buy real estate. Rather, loanable funds have gone into real estate in large amounts when there was a lack of other compelling destinations for those funds; and when governments were reluctant borrowers despite a huge availability of loanable funds at favourable interest rates.

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