tag:blogger.com,1999:blog-11906042.post5590901737016965201..comments2024-03-30T00:09:27.602+13:00Comments on Not PC: "People can run all the clever lines they like about how many of the people in those bottom quintiles have things now that comparable people in 1981 didn’t have. But it is doesn’t excuse the entirely manmade disaster of the housing markets in New Zealand and Australia" #QotDPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11906042.post-79228681334127834612019-04-24T22:57:54.006+12:002019-04-24T22:57:54.006+12:00My view is that monetary inflation has played a pa...My view is that monetary inflation has played a part. In 1985 M3 money was about $85 billion… Now is is around 300 billion.<br />Lowell Manning wrote an interesting piece, …which I largely agree with<br />https://www.interest.co.nz/opinion/64724/lowell-manning-says-problem-housing-stems-current-account-deficits-and-foreignRoelofnoreply@blogger.com