Arnold Schilder: Banking in the new economy: a supervisory perspective Speech by Mr A. Schilder, Executive Director of De Nederlandsche Bank N.V., at the Take Off Conference ‘Information Battle: Consequences of the New Economy on Economic and Business Life’, University of Maastricht, 14 February 2001.
Chart 4 shows that Australia has not been alone in experiencing this rapid rise in house prices. With very few exceptions, most developed countries have experienced a doubling or trebling of house prices since the mid 1990s.