Housing prices won’t be affected: Joyce

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Minister of Finance Steven Joyce has brought some serenity to an otherwise anxious immigration debate in New Zealand by saying that “overall we have got right immigration numbers,” and “there isn’t much upside in the housing market at the moment.”

Seemingly, a widely-perceived causal linkage between historic net immigration and the heated-up housing market, particularly in Auckland, has been at the centre of the current immigration debate prompting many political parties to call for a massive purge of immigration numbers by “tens of thousands.”

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Courtesy: Indian Weekender

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