While there are important design issues to address in devising such measures, the empirical evidence to date suggests that during episodes of quickly rising real estate prices, LVR limits  6  BIS central bankers’ speeches  can help reduce the incidence of credit booms and decrease the probability of financial distress and sub-par growth following the boom3.
One of the ongoing challenges we face as a country is to capitalise on those strong fundamentals. The Global Economy  This first graph shows global economic growth and the International Monetary Fund's (IMF) forecasts for the next few years (Graph 1).