
Mortgage News
RBNZ considers options to contain housing bubble
Wednesday 8th of February 2012
In its briefing to the incoming finance minister Bill English, the central bank says using LVR restrictions would require a change in the Reserve Bank Act and that if it did use such restrictions, it would do so in consultation with the minister.
"This is because these instruments are more intrusive in nature and could have broader economic consequences," the briefing says.
For ex...
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