New evidence has arisen suggesting that the Reserve Bank of New Zealand (RBNZ) has played a direct role in inflating New Zealand’s housing market, which is experiencing its strongest price growth since 2004. Over the weekend, Interest.co.nz revealed that the Treasury department recommended finance minister Grant Robertson advise the RBNZ to restrict the newly created
The post How RBNZ ignited the property market appeared first on MacroBusiness.
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