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LVR costs outweigh benefits

An expert tells NBR all the new LVR rules will do is stop first home buyers from getting into the housing market.

Jason Walls
Tue, 08 Sep 2015

A leading economist is sceptical about the impact the Reserve Bank’s loan-to-value ratio (LVR) restrictions will have on the Auckland’s overheated housing market.

NZIER principal economist Kirdan Lees tells NBR the LVR rules – which come into effect in November – will just stop first home buyers

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Jason Walls
Tue, 08 Sep 2015
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LVR costs outweigh benefits
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