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NZ Herald business editor observes Reserve Bank's pandemic response didn't factor in house prices

Author
Newstalk ZB,
Publish Date
Wed, 16 Nov 2022, 7:53pm
Photo / File
Photo / File

NZ Herald business editor observes Reserve Bank's pandemic response didn't factor in house prices

Author
Newstalk ZB,
Publish Date
Wed, 16 Nov 2022, 7:53pm

NZ Herald Wellington business editor Jenee Tibshraeny has been reading over the Reserve Bank's response to the pandemic.

But it seems to have left her with more questions than answers, particularly concerning the housing market in late 2020/early 2021. 

According to Jenee Tibshraeny, the Reserve Bank didn't put more weight on what the spike in house prices at the time meant for the resilience of the economy. 

Jenee Tibshraeny also notes that it may be easy to factor in hindsight now, but the Reserve Bank could have been aware of this economic situation beforehand.

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