A new law in New Zealand prevents foreign buyers from acquiring homes in there. It’s a response to rising house prices which, the government claims, is being driven by New Zealanders being outbid by people from overseas. Home ownership in New Zealand is now at its lowest level since 1951. So, will the plan work? Phil Dobbie asks Prof Steve Keen.
To hear the full version subscribe by picking a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen
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A guide to the future of the internet
Last week we looked at the history of the internet in Australia. It’s been around for 20 years and changed our lives in so many ways. Imagine what it could do given another 20 years.
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Astra Zeneca re-run, Lane’s credit concerns
A soggy day on the markets says NAB’s David de Garis, but the continue rise in base metals points to the growth in China, whilst the rest of the world struggles with the virus.
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Ukraine fears creates a risk off sell off
Geopolitics has had an influence on markets today, but the influence of the Fed should still not be underestimated says NAB’s Ray Attrill on today’s Morning Call podcast.
