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Reserve Bank governor Adrian Orr: Absolutely a question mark over house prices
© RNZ / Claire Eastham-Farrelly
Surging housing and sharemarkets pose some of the biggest risks to economies, according to Reserve Bank governor Adrian Orr.
Speaking at the 2021 New Zealand Economics Forum at Waikato University, Orr said easy money policies from central banks around the world had been a factor in the spike in share prices and the sharp rises in house prices as people made the most from low interest rates.
However, he said the risks to and vulnerabilities of households and investors had increased accordingly.
[There are] big question marks around global equity prices relative to underlying earnings, and absolutely a question mark over house prices globally and in Aotearoa-New Zealand relative to household earnings. so take that on board, he told an economics conference. ....

Aotearoa New Zealand , Adrian Orr , Vittoria Shortt , Claire Eastham Farrelly , Zealand Economics Forum At Waikato University , Reserve Bank , Zealand Economics Forum , Waikato University , விட்டோரியா குறுக்குவழி , கிளாரி ஈஸ்ட்ஹாம் ஃப்யாரிலீ , ஜீலாந்து பொருளாதாரம் மன்றம் இல் வைகாடோ பல்கலைக்கழகம் , இருப்பு வங்கி , ஜீலாந்து பொருளாதாரம் மன்றம் , வைகாடோ பல்கலைக்கழகம் ,