TMM - News
LVRs still needed - RBNZ
Wednesday 30th of August 2017
Removing the LVRs would require Reserve Bank confidence that financial stability risks won’t deteriorate again.
Wheeler said that debt-to-income ratios have risen in recent years, while ongoing strong population growth and low interest rates mean that demand continues to outstrip supply.
“That means there’s a risk of a housing market resurgence and a sharp lift in high LVR lending...
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