House prices above sustainable levels “The key drivers of housing supply and demand have turned around,” Maybe it isn't lack of supply that is keeping house prices high, which we keep being told is the cause of high house prices. https://www.rbnz.govt.nz/...
I wonder if spreading out the second dose to 12 weeks instead of 3 weeks would have helped with the roll out and production. [Changed user name to previously approved one. Please stick to one user name and e-mail address]
Thanks for sharing, will have a listen when I get some time.
Yup, once the MMT lens is understood, it opens up a whole lot of progressive policy choices. These policies under a neoliberal view point are very difficult to justify.
More MMT talk starting to appear in the news https://www.interest.co.nz/news/106385/grant-robertson-remains-committed-reducing-government-debt-long-term-saying-modern It's a shame Grant Robertson has dismissed it so quickly.
Starting to see the effects of QE on settlement balances. https://i.imgur.com/ezbgKwl.png
Unlike a household, the government can create / destroy NZD If the govt can create NZDs and use it for govt spending. That raises an interesting question, what is the purpose of taxation?
One more to supplement. I call this the first home buyer "highly leveraged" ratio. Basically, I take the amount borrowed by first home buyers that is greater than 80% LVR and divide it by the total amount borrowed by first home buyers. It continues to ...
Something that I found interesting, May was a strong month for new residential mortgage lending. It is the first time since this series begin (Aug 2014), that first home buyers have borrowed more than investors. It was also a record month for the other ...
https://www.youtube.com/watch?v=1ts1L-tNOuQ&list=PLgs2H_R1uKMviqo9sGSJs29dYAt63wTyQ&index=1 [You appear to be a first-time commenter here so welcome to the site. When you provide a link, it is expected and common courtesy that you briefly explain why ...
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