Climate change and house prices

Last month the Reserve Bank of New Zealand released its 2021 Climate Change Report, the first significant report it has released on the topic since launching its Climate Change Strategy in 2018. In this episode, Bernard takes a deep dive into what climate change means for monetary policy, and the one thing that dominates not just New Zealand’s economy but our society in general – house prices. With Reserve Bank governor Adrian Orr and Victoria University economist Belinda Storey.

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