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When the Facts Change cover image

The state of the economy in Aotearoa with Steve Jurkovich

When the Facts Change

NOTE

The $1.6 Trillion Housing Market

During the 2008-2009 crisis, banks were not healthy and markets were in free fall. However, this time around, there is less nervousness because banks are more capital-rich and people still have a lot of equity. With low unemployment, those who own assets are in a healthy position with significant equity.

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