Changing residential investment rules needs to go further
Property loans need classification if banks clamp down on residential investors, NZ Property Investors Federation boss says.
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Hawke’s Bay
If the Reserve Bank is talking to individual banks about options for curbing lending to people with five residential properties or more, some kind of classification system needs to be set up.
That's according to NZ Property Investors Federation chief executive Andrew King.
The central bank is
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Sally Lindsay
Tue, 17 Feb 2015
Tue, 17 Feb 2015
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Changing residential investment rules needs to go further
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