LVR costs outweigh benefits
An expert tells NBR all the new LVR rules will do is stop first home buyers from getting into the housing market.
A leading economist is sceptical about the impact the Reserve Bank’s loan-to-value ratio (LVR) restrictions will have on the Auckland’s overheated housing market.
NZIER principal economist Kirdan Lees tells NBR the LVR rules – which come into effect in November – will just stop first home buyers
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Jason Walls
Tue, 08 Sep 2015
Tue, 08 Sep 2015
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LVR costs outweigh benefits
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