Bubble, yes; crash, no; expelling air, yes
The better description is a correction, a balancing or the achievement of equilibrium.
The better description is a correction, a balancing or the achievement of equilibrium.
Finance Minister Bill English’s prediction of a house crash in eight years is not washing with AUT construction management professor John Tookey.
He says while there is a housing bubble and it will inevitably deflate, there will not be a “crash or explosive deflation. It will gradually deflate –