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In this episode of the New Zealand Property Market Podcast, Nick is joined by Brad Olsen, CEO and Principal Economist at Infometrics. Nick and Brad delve deep on the Reserve Bank's latest monetary policy statement and official cash rate decision, including all the juicy forecasts within. Brad also shares his insights on the impact of migration and Government spending on inflation and the state of the New Zealand property market.
Nick and Brad also discuss the potential impact of debt-to-income ratios on the housing market and the recent CoreLogic Pain & Gain report for Q1 resales. They remain cautiously optimistic about the market and encourage caution when taking short-term options such as mortgage holidays or interest-only terms. The episode ends with Brad sharing his upcoming travel plans and how they relate to the primary sector and the economy.
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