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LVR restrictions 'could provide wealthy buyers with cheap properties'

Wednesday 20th of February 2013
LVR restrictions are one of the tools the Reserve Bank is said to be considering to tame the housing market, particularly in the Auckland.
But David Whitburn said governor Graeme Wheeler should not think of it as a magic bullet. “LVR restrictions will make it harder for first-home owners and investors to buy properties in Auckland as they will need to contribute more equity, and m...
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