Over the last two months Tony Alexander, former chief economist at BNZ, has been a welcome voice in investment circles, providing balanced analysis of what is happening and looking at the short- and long-term impacts of current events.
His most recent article (shared with permission) surveys spending plans and find that people still intend to improve their own homes and buy property. New shoes and of course travel find themselves much further down the list.
I also particularly enjoyed his "positives and negatives for housing" piece.
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