Bollard issues warning to real estate buyers

Extract from an address to the Property Council of New Zealand on 9 September by Alan Bollard of the Reserve Bank of New Zealand. Bollard repeated his warning that people purchasing real estate in pursuit of capital gains face risks.

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An address by Dr Alan Bollard Governor Reserve Bank of New Zealand, 9 September 2003. Extract from an address to the Property Council of New Zealand.

Extract from the speech

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