NZ Housing boom will continue for much longer because:
Those generous tax breaks.
Economy hasn't tanked yet.
Housing NZ guaranteed rents for property investors.
Mortgages are still easily serviceable.
No capital gain tax etc.
Everyone in NZ is a property expert and loves investing it
Sales are still going strong, prices are still high..NZ media is just bored. We need a really big economic shock to see prices coming down..