Residential investors will flee market when new deposit rules hit - researcher
More than 20% of investors who were planning to buy residential property in the next 12 months are likely to abandon that plan when banks demand higher deposits. With special feature audio.
Sally Lindsay Wed, 20 Jul 2016
The Reserve Bank’s move to raise the deposit rates needed by residential property investors to 40% will have a significant impact on the market, Horizon Research claims.
Its research shows 22% of those who were definitely going to buy an investment property during the next 12 months will scrap
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