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When a Housing Boom Turns to Bust artwork
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When a Housing Boom Turns to Bust

Patrick Boyle On Finance by Patrick Boyle

Jun 7, 202600:27:08Business

A three-bedroom "dunger" in New Zealand with peeling paint and boarded-up windows sold for 1.81 million dollars at the peak of the boom. A few years later, prices had fallen by as much as a third in real terms, recent bu...