The next rules for Auckland housing – loan to income ratios?
"First home buyers are better off out of the market"
The Treasury is advocating the Reserve Bank introduce loan to income ratios for buyers of Auckland property.
The Reserve Bank has already introduced loan-to-house value ratios that are arguably mainly aimed at preserving the position of banks in the event of a price correction.
The proposed
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Chris Hutching
Thu, 29 Oct 2015
Thu, 29 Oct 2015
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The next rules for Auckland housing – loan to income ratios?
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