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Bollard Baffled

Despite the Bollard and the Reserve Bank's best efforts to cool the property market, house values are still rising.

"There's something going on here that I just don't understand" said Bollard, as he hinted interest rates of 20% might sort the problem. "I have no idea really, but like an elevator, there are only two directions I can go with this. I have a hunch that going up is a step in the right direction."

Related Link: Bollard Baffled by Buoyant Buying of Buildings