REINZ says LVR restrictions may lead to rising rents, shortage of rentals
The Reserve Bank's summary of submissions on its LVR restrictions omitted criticism.
The Reserve Bank’s restrictions on bank lending to residential property investors may lead to rising rents and fewer rental properties, the Real Estate Institute (REINZ) says.
“In REINZ’s view, there is a real possibility that the rental price will increase as a result of the proposed changes,”
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Jenny Ruth
Thu, 01 Oct 2015
Thu, 01 Oct 2015
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REINZ says LVR restrictions may lead to rising rents, shortage of rentals
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