“I have an expectation that there’ll be a cooling in the existing market. But as I say, our view that we absolutely maintain is that we’re bringing on-stream a section of the housing market that is undersupplied and that we don’t expect to see a dramatic drop in people’s housing values. [...] At the moment it’s cooling because we’re seeing potentially that easing off by meeting the fact that we’re easing off a bit of demand. It’s not clear whether or not that will be sustained. We believe that if we want to make sure we’re addressing the issues we have, it is about addressing supply as well.”

Interview with Lisa Owen at Newshub Nation, 21 October 2017

Adopted from Wikiquote. Last update Feb. 24, 2022. History

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Prime Minister of New Zealand 1980

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