Business.Scoop » Growing Confusion Regarding The Role Of Central Banks
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Business Scoop provides news and views on Business and Markets from New Zealand
Monday, 5 July 2021, 5:15 pm There are vocal calls for government intervention in the booming housing market. What is deeply troubling is not the creative, albeit often futile ideas that are driving government intervention in the pricing of residential housing. The deeply troubling aspect is that many people are calling for intervention in a market dynamic that is neither regionally influenced, nor driven by existing government policies. The residential housing boom we see is the result of macro-economic dynamics influenced at a global level and perpetuated by the overall monetary system. D...