There's a really stupid argument going on in New Zealand. It's about how to increase the country's productivity. It's all based on some editorials saying the way to do it is to stop taking such long vacations. But here's the thing, working more hours doesn't lead [www.thepost.co.nz/nz-news/3609...](

The Post

) [The cold hard truth about New ...](

The Post

)

So this is why the New Zealand property market is so distorted... If you own one property, you can use the difference between the appraised value and amount owed to discount what you need to pay for a deposit. Basically if you own property, it's easier to buy more [www.oneroof.co.nz/news/can-you...](

Oneroof

Can you really buy a house in New Zealand with no cash?

There are ways to get on the property ladder without a huge deposit.

) [Can you really buy a house in ...](

Oneroof

Can you really buy a house in New Zealand with no cash?

There are ways to get on the property ladder without a huge deposit.

)