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Politics
5 mins to read

Financial system in good shape but worries about the housing market

Reserve Bank expects restrictions to slow new lending to property investors.

Brent Edwards Wed, 05 May 2021

The Reserve Bank has warned that people who have borrowed recently to buy a home are vulnerable to a rise in mortgage interest rates.

In its six-monthly Financial Stability Report, it said households and the financial system would also be exposed by a drop in house prices.

While New Zealand

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Contact the Writer: brent@nbr.co.nz
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Financial system in good shape but worries about the housing market
Politics,
87248
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