close
MENU
1 mins to read

'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.

Mr King says the Reserve Bank has not taken

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Sally Lindsay
Wed, 13 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
'Deposit increase for property investors won’t solve anything' – King
47635
true