The Reserve Bank has blamed the ongoing recession on an uncertain property market, prompting experts to weigh in.

New Zealand has traditionally relied on housing as an engine of growth, but years of flat property prices have reportedly contributed to the ongoing economic downturn.

Infometrics principal economist Brad Olsen explained further.

LISTEN ABOVE

The Reserve Bank has blamed the ongoing recession on an uncertain property market, prompting experts to weigh in.
New Zealand has traditionally relied on housing as an engine of growth, but years of flat property prices have reportedly contributed to the ongoing economic downturn.
Infometrics principal economist&nbsp;Brad Olsen explained further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics principal economist on what's caused the recent recession to last so long

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d8e18134-4571-4f1c-8896-b3a20062f5eb/transcript

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