Discussing :: Politics, Property and the RMA

The Auckland property market has become unsettled in election year. Reasons relate in part to slowly emergent effects of the Reserve Bank of New Zealand’s credit rationing policies aimed at residential real estate. These policies express themselves in ways more subtle than rules around minimum equity requirements for home buyers. The Reserve Bank’s regulations compelling commercial banks to raise higher proportions of their capital from domestically-sourced deposits have had an impact. Credit growth is constrained by the domestic deposit rule, which could have wider and more insidious effects on economic growth as time goes by. Tougher... read full article

#11

New Member

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#12

New Member

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#13

New Member

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#14

New Member

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