Heavy is the head 2022's house prices rely upon

Heavy is the head 2022's house prices rely upon
As interest rates rise, what will the impact be on house prices and consumption? (Image: Depositphotos)
Brian Gaynor
Several individuals hog the limelight each year with prime minister Jacinda Ardern, former National party leader Judith Collins and a multitude of covid-19 experts and issues dominating the headlines throughout most of 2021.Next year, Reserve Bank of New Zealand (RBNZ) governor Adrian Orr should receive more attention as inflation, interest rates and the sizzling housing market become increasingly important as far as the economy, homeowners and rental property investors are concerned.Residential propertyThere is a widely held belief that that t...

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