Want to create an interactive transcript for this episode?
Podcast: The Front Page
Episode: Government announces plans to 'flood' housing market - what will it mean for house prices?
Description: The Government has unveiled grand plans to ‘flood’ the market with more houses, announcing new changes to planning rules that will require councils to plan for 30 years of housing growth. It comes after Housing Minister Chris Bishop said he wants to see house prices fall. He’s already getting his wish though, with prices dropping to a point that in some of the country’s biggest cities, homeowners are delisting their properties rather than selling for a discount. So, will flooding the housing market work in a country where owning property is the cornerst...