Property Bubble Ghost Haunts Central Bankers Trying to Boost Prices

Bloomberg, Mar. 22, 2016–Randow, Jane

As the Federal Reserve downshifts into go-slow mode while the European Central Bank and other monetary authorities ease, expect to hear a lot of concern about property prices. Here’s the dilemma: How do you cut rates to goose too-low inflation and support growth without lighting a fuse under real estate?