For decades, New Zealand has relied on inflating the housing market to engineer a recovery during downturns, but the playbook has failed this time, putting policymakers ⁠in a quandary. https://www.japantimes.co.jp/business/2026/03/23/economy/new-zealand-economy-housing/?utm_medium=Social&utm_source=mastodon #business #economy #newzealand #economy #economicindicators #housing
New Zealand struggles to regain economic mojo without housing recovery

The country's usual playbook has failed this time, putting policymakers ⁠in a quandary as the Middle East war adds a new layer of uncertainty.

The Japan Times
@thejapantimes an idiotic approach in the first place