Forget Auckland and Christchurch – LVR restrictions are about the provinces
Instead of relying on the Reserve Bank to control the property market, central government needs to take action – Chris Kennedy. With special feature audio.
The Reserve Bank’s lifting of deposit requirements for investors to 40% is designed to protect provincial New Zealand’s property market from collapsing, Harcourts chief executive Chris Kennedy says.
“It will have little effect on Auckland and Christchurch houses prices,” he says.
The last changes
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Sally Lindsay
Thu, 21 Jul 2016
Thu, 21 Jul 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Forget Auckland and Christchurch – LVR restrictions are about the provinces
60080