Auckland property has become a farce. But who is the asshole to blame?

Is my broker the asshole? His advice seemed utterly outrageous, but at the same time completely rational, writes Jesse Mulligan.

I had journalist Matt Nippert on my RNZ show this week. He’d done some calculations based on house price inflation and Lotto first-division inflation and worked out that by the year 2039, if you correctly pick all six numbers in the Saturday night draw, the money you win will not be enough for a deposit on a home in Auckland.

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