Opinion Editorial

Friday 21 September 2018

Economy good but caution required 

The Organisation for Economic Cooperation and Development delivered a timely if not dire warning last week that property prices here "may increase more strongly" which would boost further construction activity in the near term but "may induce another property bubble" associated with a strong surge in credit growth. At this relatively recent remove from the economic collapse, reference to a ''property bubble'' is enough to chill even the most optimistic going forward. So the analysis should be borne in mind by the...

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