Buyers block street as 400 punters flock to open home over three days
RNZ The Reserve Bank is under attack for pouring fuel on the house price bonfire with its latest move to boost the economy, but its defenders say it’s not the bank's job to control the housing market. A house seller has called Lower Hutt’s housing market ridiculous after 400 hopeful buyers turned up to inspect his 1950s weatherboard home. An hour before last month’s first open home at the Witako St property, Rory Sheehan says people were already lingering outside. “At 4 o’clock people were pulling up and staring up the driveway. A couple of guys came up and started talking to...
Source: stuff.co.nz