tag:blogger.com,1999:blog-515427400466373176.post6479179424417522804..comments2019-09-03T07:51:27.469+02:00Comments on The Norwegian Bubble: Norges Bank Not Worried About Rising Home PricesAntti Jokinenhttp://www.blogger.com/profile/04778440661520118404noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-515427400466373176.post-59459827937186376552014-12-16T12:36:28.972+01:002014-12-16T12:36:28.972+01:00You are right that Norges bank is not using the mo...You are right that Norges bank is not using the monetary policy to regulate the housing market. Instead they rely on other macroprudential measures such as LTV cap, tightening of mortgage loan requirements, etc., which they seem to be successful at (for the moment). Anonymoushttps://www.blogger.com/profile/04832459205846501169noreply@blogger.comtag:blogger.com,1999:blog-515427400466373176.post-73212956230135949632014-12-12T12:11:16.557+01:002014-12-12T12:11:16.557+01:00First time I come across your blog, and nice it is...First time I come across your blog, and nice it is to read some thoughts that go against the maintream economic analysis you find in DN and the main norwegian media outlets.<br /><br />Maybe it's due to my personal situation, as an EU worker sending money home every month, but I'm extremely worried by the fall in the krone. <br /><br />I understand the rationale with Norges Bank comfortably supporting this and most economists agreeing this is a good "cushion" to offsett a fall in investments and sharp decline in the oil sector, but there is a level beyond which a low currency will actually be unhealthy for the Norwegian economy!<br /><br />A couple of days ago in DN they were talking of 9-to-1 to the Euro as a kind of upper limit that no-one had seriously envisaged before. In the last 24 hours, the krone lost 25 øre againt the Euro, again, and is not trading at 9.17. That's a 2,25% fall in one day.<br /><br />Where's the limit? are we going to see 10-to-1 within a few weeks, or even days? Damiennoreply@blogger.com