'Deposit increase for property investors won’t solve anything' – King
Reserve Bank hasn't taken a wide enough look at the entire Auckland property market, Property Investors Federation head says
Sally Lindsay and the New Zealand Property Investors Federation's Andrew King discuss the Reserve Bank's latest move on A
Sally Lindsay Wed, 13 May 2015
Andrew King of the New Zealand Property Investors Federation says the Reserve Bank has missed the mark with its decision to hit Auckland property investors buying existing houses with a 30% deposit.
The rule won’t apply to investors building new houses.