
Mortgage News
RBNZ: What might have happened without LVRs
Friday 16th of May 2014
It has released a report today, using a counterfactual analysis to determine how the LVR rules have affected the housing market.
The counterfactual scenario is a description of what could have happened in the absence of the LVR restrictions, over the same period.
In the report, author Gael Price says that since banks have been limited to no more than 10% of their new lending to lo...
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