1  This talk does not represent investment advice for the household sector. Householders’ needs and options differ and they should get professional advice for this. Declaration of interest: My wife Jenny Morel runs a venture capital business, No 8 Ventures Limited. Readers should note that there are limitations on the quality of data in this paper.
The comparative statistics have been assembled from a range of sources and may be subject to inconsistencies. Reserve Bank estimates have been used where data have been unavailable from other sources. BIS Review 108/2006  1  This exposure to housing is being financed by increased mortgage debt from the banking system.