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Reserve Bank begins formal process of reinstating LVR restrictions

Grant Robertson has asked the Reserve Bank for advice on how to rein in rising house prices.

Brent Edwards Tue, 08 Dec 2020

The Reserve Bank is now publicly seeking feedback on its plan to reinstate loan-to-value ratio restrictions from March 1, next year.

The bank signalled its intention to do so last month and a number of retail banks have already tightened their lending to property investors.

Under its plan,

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Reserve Bank begins formal process of reinstating LVR restrictions
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