We need house price rises to grow economy
Far from being too high, house prices are driving the only growth in the economy at the moment. We should not be talking them down.
David BassaneseColumnist
Updated
The Australian economy has had an outstanding run over the past two decades and has admirably dodged a number of global upheavals that might have felled lesser economies. Any economist south of 40-years-old has no working knowledge of what it feels like to fall into a wrenching recession.
Loading...
David Bassanese is chief economist at BetaShares Exchange Traded Funds. He writes on markets specialising in debt, derivatives and monetary policy. He worked at the federal Treasury, OECD and Macquarie Bank. Connect with David on Twitter.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In Residential
Fetching latest articles