Podcasts Other The Mike Hosking Breakfast Brad Olsen: Infometrics Economist says our income to housing affordability ratio is far worse than other countries

Brad Olsen: Infometrics Economist says our income to housing affordability ratio is far worse than other countries

Published: Sept. 1, 2022, 9:24 p.m.

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A kiwi in the coal mine.

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That\'s what the Financial Times is calling New Zealand\'s housing market in a video that warns other countries to take heed of our market\'s fast rises and quick falls.

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Infometrics Principal Economist, Brad Olsen, says our income to housing affordability ratio is far worse than other countries.

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He told Mike Hosking while our housing market might provide an indication as to how interest rates cause house prices to move, we\'re different.

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Olsen says the way our taxes are structured, and the fact we invest more in property than the stock market means we need to be careful when making comparisons.

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