Reserve Bank still worried about 'overstretched' housing despite improvement
RBNZ: a bit less unhappy about housing, but borrowing still running above 9%
Rob Hosking
Thu, 01 Dec 2016
There is a cautious, a very cautious tinge of careful optimism from the Reserve Bank on the housing market.
Well, maybe “optimism” is too strong a term. Maybe “not pessimism” is a better way of putting it.
Deputy governor Grant Spencer says the central bank is still worried about a sudden
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Rob Hosking
Thu, 01 Dec 2016
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