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Investors not as risky as RBNZ suggested - Treasury

Wednesday 28th of October 2015
This is largely because the RBNZ relied on overseas evidence that may not apply to New Zealand, as banking practices and laws are different, economist Ian Harrison said.
Harrison, who analysed the papers cited in various relevant RBNZ documents, argued the New Zealand evidence suggests that retail investor loans are not riskier than other housing loans.
Most investor loans in Ne...
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