The slump in New Zealand’s housing market has long been the subject of domestic scrutiny – now it’s making waves internationally.

The slump in New Zealand’s housing market has long been the subject of domestic scrutiny – now it’s making waves internationally.

Global business news outlet Bloomberg says Aotearoa is a “tiny, but extreme” example of what happens when a housing boom goes into reverse.

Can New Zealand make housing more affordable without hurting the wider economy?