Brad Olsen: Infometrics principal economist on what's caused the recent recession to last so long
The Reserve Bank has blamed the ongoing recession on an uncertain property market, prompting experts to weigh in.
New Zealand has traditionally relied on housing as an engine of growth, but years of flat property prices have reportedly contributed to the ongoing economic downturn.
Infometrics principal economist Brad Olsen explained further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.