Huge risks in loan-financed housing bubble

 

Matthew Goodson recently authored the following article published by the NZ Herald:

There has recently been considerable commentary and even criticism of the Reserve Bank of New Zealand for holding interest rates above other countries despite CPI inflation being temporarily below the 1-3 per cent target range. The RBNZ has also been criticised by Treasury for failing to make a robust case to "intervene" against the housing market with policies such as LVR that attempt to curb the most aggressive lending practices.

Read the full article on the NZ Herald here