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Earning power should stop huge house price falls

Wednesday 23rd of March 2022
“We’re simply not forecasting a household income (employment) shock that would necessitate the forced sale of properties and exacerbate the downturn, says Sharon Zollner, ANZ’s chief economist.
She says however, it is entirely possible the bank’s outlook regarding household incomes and broader economic momentum is on the optimistic side, and that the path towards...
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