Growth Summit 2023: Chief Economists Briefing
World Economic Forum
00:00
The Impacts of Fiscal Stimulus on Housing Prices
All of the fiscal and monetary policy stimulus that took place as a risk management approach, right? There is not yet an adaptation from the private sector to a higher cost of capital environment. After four decades of generally low interest rates and moderate inflation, there is not that adaptation yet. It's very important that we at least think about the impacts on housing on all of this too.
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