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IMF calls on regulators to rein in booming house prices

Michael McLaren

Professor Steve Keen, economist & author of ‘Can we avoid another financial crisis?’, joins Michael regarding the International Monetary Fund’s urging of regulators to tighten up on lending rules, the ramping up of home building & reforming the generous housing-related tax benefits.

 

It’s feared that the property market could be heading for a major crash if regulators don’t step in to slow things down with the IMF warning that a property price correction would pose a significant risk to the nation’s economic stability.

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Michael McLaren
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