Property on Hopium: Jarrod Kerr
9 months ago
29
In between the recency bias of an upbeat property market and the conflicted interests of market commentators oblivious to the dead cat bounce, lies a strung out property investor coming down off hopium. Will interest rates decline significantly soon, therefore sending house prices to the moon – I’m not so sure. All I know is that speculation on where any market’s going in the next 1-2 years is incredibly risky.
Welcome to the everyday investor – today I’m testing my dead cat bounce theory on Kiwibank’s chief economist Jarrod Kerr
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