New Zealand Inc needs to prepare itself for NZ$4/ltr petrol as rampant Chinese demand hits peak oil supply.
Read here - what would dramatically increased fuel prices do to the skew of property prices? Would we see a polarisation of the market where those properties located on efficient public transport links or within easy commuting/walking distance of city centre become 'hot property' whereas those out in the suburbs may be less desirable? My personal opinion is that inner and fringe city prices will increase and those properties further out of town will either flatline or decrease in value. Inner/fringe apartments will also see a resurgence in demand. Make your own mind up!