Kiwibank's chief economist says the Reserve Bank have inflated house prices on purpose in their efforts to boost the post-pandemic economy.
New Zealand's overheated housing market was the subject of a letter sent by Grant Robertson to the Reserve Bank asking it consider skyrocketing property prices as part of the bank's mandate.
In its response to the Finance Minister, the Reserve Bank says it's already taking house prices into account when considering monetary policy.
Jarrod Kerr is the chief economist at Kiwibank.
He speaks to Corin Dann.
