Business
New Zealand central bank plans further mortgage lending limits to cool property prices – ABC News
New Zealand’s central bank says it is concerned about the economic impact of runaway property prices and plans to further crack…
The Reserve Bank of New Zealand wants to dampen the country’s runaway property prices.
Key points:
- New Zealand’s Reserve Bank plans to further restrict high loan-to-value ratio lending to cool booming property prices
- It says the long-term wellbeing of everyone…
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