Mortgage meltdown torches New Zealand’s housing market
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? https://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 … Read more