Wellington's feeling the property slump, with new figures showing a dramatic dip in house values. 

The council's QV rating valuations show the average house has dropped in value of nearly 25% since 2021. 

Pipitea was the worst hit neighbourhood with a 29% average drop. 

Labour’s Ginny Andersen told Mike Hosking that the feeling in the central city is that it’s had the guts kicked out of it. 

She says that when the public services were culled, the local economy went down with it, which has had a real impact on confidence in the local economy.  

LISTEN ABOVE 

Wellington's feeling the property slump, with new figures showing a dramatic dip in house values.&nbsp;
The council's QV rating valuations show the average house has dropped in value of nearly 25% since 2021.&nbsp;
Pipitea was the worst hit neighbourhood with a 29% average drop.&nbsp;
Labour’s Ginny Andersen told Mike Hosking that the feeling in the central city is that it’s had the guts kicked out of it.&nbsp;
She says that when the public services were culled, the local economy went down with it, which has had a real impact on confidence in the local economy. &nbsp;
LISTEN ABOVE&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Pollies: National's Mark Mitchell and Labour's Ginny Andersen talk Waitangi Day, Public Services

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d4d132d9-02b9-4717-985a-b27a0151ab19/transcript