Stats show real estate still overvalued - Stuff.co.nz
Stats show real estate still overvalued Stuff.co.nz, New Zealand By comparison, at the height of the recent property boom in New York, one of the world's most expensive cities, the ratio was 26:1. It has since fallen to 22:1. In cyclone Katrina-ravaged New Orleans, the ratio fell as low as 11.5:1 late last year. ... |