16
Why rising house prices are a bad thing
(www.rnz.co.nz)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 18 Oct 2025
16 points (100.0% liked)
Aotearoa / New Zealand
2242 readers
9 users here now
Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general
- For politics , please use !politics@lemmy.nz
- Shitposts, circlejerks, memes, and non-NZ topics belong in !offtopic@lemmy.nz
- If you need help using Lemmy.nz, go to !support@lemmy.nz
- NZ regional and special interest communities
Rules:
FAQ ~ NZ Community List ~ Join Matrix chatroom ~ Alternate frontends ~ Donate
Banner image by Bernard Spragg
Got an idea for next month's banner?
founded 3 years ago
MODERATORS
Also people tend to move from lower cost to higher cost houses over the years. If house prices go up a lot, the price gap between the houses is larger.
Basically the only people benefiting from house prices rising are those downsizing.