by Boo_Randy
The bursting of Housing Bubble 2.0 is going to vaporize trillions in fake wealth created by central bank funny money. Got popcorn?
www.macrobusiness.com.au/2022/05/mortgage-meltdown-torches-new-zealands-housing-market/
The latest mortgage data from the Reserve Bank of New Zealand (RBNZ) paints a worrying picture for the nation’s housing market.
This month’s RBNZ Financial Stability Report showed that fixed mortgage rates have already soared above pre-pandemic levels, with floating rates playing catch-up:
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