Tag Archives: LVR restrictions

Property Investors Carry On As Usual

June 3, 2014

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Banks systems have been fine-tuned for the RBNZ LVR restrictions and buyers needing to borrow more than 80 percent of the value of the property are slowly coming back to the market. NZHerald reports April 14 has seen a rise in the percentage of loans granted though it is still a way off the allowed […]

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Building consents too low to meet demand

November 3, 2013

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The New Zealand Government wants 39,000 new homes built in the Auckland region within the next three years however building consents issued are far too low to meet demand. The NZHerald article quotes Senior Economist Michael Gordon of Westpac Institutional Bank: Building consents in the under-supplied Auckland market remain “worryingly subdued”, particularly compared to the […]

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