New Zealand's virus success unleashes runaway housing prices
By NICK PERRY, Associated Press WELLINGTON, New Zealand (AP) — New Zealand's success in battling the coronavirus has unleashed an unanticipated problem: skyrocketing house prices. When the pandemic first hit, most experts predicted house prices would fall. Instead, prices have risen by more than 19% over the past year, putting them out of reach for many people wanting to buy their first home. The government,