Is a housing bubble a ‘first-class problem’?
Margin Call: A bubble with leverage is the worst kind.
Matthew Goodson
Wed, 25 Nov 2020
Some of the more interesting comments I have read in recent times were made by the RBNZ Governor, Adrian Orr, a few days ago.
“The fact we’re talking here and complaining about house prices or these types of activities, that’s a problem, but it’s a first-class problem. The alternative is
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Matthew Goodson
Wed, 25 Nov 2020
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Is a housing bubble a ‘first-class problem’?
Analysis,
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