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Liam Dann: No pain, no gain - why the property crash might be good for our economy
House values have plunged 35.5% in Auckland and 40% in Wellington.
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Timeline cronologica
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Home value slump: The two major cities where $271b in paper wealth has been wiped off
Aucklanders suffered a $209.9b valuation drop. Wellingtonians suffered a $61b value drop.
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Liam Dann: No pain, no gain - why the property crash might be good for our economy
House values have plunged 35.5% in Auckland and 40% in Wellington.