In this video we look at a couple of indicators that show the New Zealand property market as extremely overvalued against history. Whether or not it's a property bubble, we look at the drivers, risks, and outlook - and how the RBNZ intends to try and manage it. We also look at the valuation metrics for the New Zealand share market or the NZX and find a similarly overvalued market. The charts in the presentation are from a recent edition of the Weekly Macro Themes report. Check out the video to see our take on how the overvaluation in the property and share markets of New Zealand is likely to play out. If you have any questions just get in touch or leave your comment on the YouTube video page.
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