Housing report: Expats not returning from Britain in such big droves

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Uploaded by on Sep 22, 2009

Bernard Hickey delivers an Economic weather report in association with ASB, including a look at charts showing the number of New Zealanders returning from Britain in recent months has improved, but not by as much as they did through 2002/03/04 in the wake of 9/11. Returning New Zealanders are also not as cashed up as they were then because of the weak UK housing market and a very weak UK pound, which discounts some talk in the property market of heavy demand from returning expats.

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