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In this episode of the New Zealand Property Market podcast, Nick Goodall and Chief Economist Kelvin Davidson discuss the current state of the property market, focusing on the anticipated OCR cut, buyer classification, and economic indicators. They explore the dynamics between first-home buyers and mortgaged investors, the challenges faced by movers, and the broader economic context influencing the Reserve Bank's decisions. The conversation highlights the slow recovery expected for the economy and property market, emphasising the need for fiscal support alongside monetary policy adjustments.
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This podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.
