Even if there isn't a housing bubble, house prices cannot keep rising as they have forever. What happens when the music stops? Susan Edmunds examines the possibilities as part of the 'Blowing Bubbles' series.
SOFT LANDING
The most palatable scenario is probably a soft landing, where house price growth slowly tapers away and Kiwis' incomes increase to catch up and make housing more affordable again.
from
http://www.stuff.co.nz/business/property/86233327/Blowing-Bubbles-What-will-the-end-of-the-housing-market-boom-look-like
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