Crisis2022: “With this much global debt accumulation, vulnerabilities in risk markets and crypto, fragilities in China’s property market, heightened geopolitical tensions, pandemic uncertainty, and sovereign credit risk in Europe, we’re not short of potential catalysts.”
ANZ’s economists have labelled the New Zealand property market “a deflated bouncy castle”. In their latest Property Focus report, issued on Thursday, they said it was time for a “reality check” as house prices tumbled from the “ridiculously” and “giddying” …