Canada and New Zealand both have hot housing markets, but only 1 has plan to cool things down
Canada and New Zealand both have hot housing markets, but only 1 has plan to cool things down Don Pittis © Mark Coote/Bloomberg Like in Canada, the price of prime real estate in New Zealand has been soaring. But unlike in Canada, New Zealand policy-makers have decided to try to bring the market back down to earth. The idea that Canadian residential real estate prices are rising at an unsustainable pace is no longer just a subject for Twitter rants and COVID-era chats with family. The international media are paying attention. But while many Canadians worry, the government o...