RBA ‘miscalculated’ housing bubble risks, says Jeremy Lawson

The Reserve Bank of Australia miscalculated a predictable surge in investor-driven imbalances in the frothy housing market, says a former senior economist at the central bank. “They underestimated how strong the investor pulse would be and I suspect they miscalculated how powerful the search for …

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RBA ‘miscalculated’ housing bubble risks, says Jeremy Lawson

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