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When will APRA hose off house prices? – MacroBusiness
That god for this article at the AFR:
Australia’s banking watchdog is expected to step in and cool the rebounding housing market in 2021, after New Zealand’s central bank telegraphed stricter loan rules are needed to arrest the country’s rising house prices.
The Reserve Bank of New Zealand took a step towards curbing rapidly rising house prices on Tuesday, outlining a plan to reinstate loan-to-value ratio restrictions on high-risk lending from March.
…Independent economist Warren Hogan said his…
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