Tuesday, 22 October 2013

X marks the spot

A wee while back I posted a graph that Treasury had prepared showing the link between net migration and house prices. Yesterday we got the latest net migration numbers. So I've updated Treasury's graph: X is the annualised rate of net migration based on the last quarter.

Good luck to the RBNZ with this one.


  1. More than a little frustrating that we're running punitive anti-dumping tariffs on construction materials in the middle of all this.

  2. Good point - I take it you're referring to my post the other day on anti-dumping? - I hadn't made the connection, but you're right of course

    1. I was indeed. The Kiwiblog comments on that one are particularly depressing.