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Auckland Council's quarterly economic review sees the rising housing market as ... - Interest.co.nz

Auckland Council's quarterly economic review sees the rising housing market as ... - Interest.co.nz | Auckland Real Estate | Scoop.it
Interest.co.nz
Auckland Council's quarterly economic review sees the rising housing market as ...
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Interesting read

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Scooped by Vlad Ivanov
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Low deposit dream fading - New Zealand Herald

Low deposit dream fading - New Zealand Herald | Auckland Real Estate | Scoop.it
Otago Daily Times Low deposit dream fading New Zealand Herald As they represent about 30 per cent of new mortgage lending, and probably a large proportion of the 30 per cent of new mortgage lending which is on deposits of less than 20 per cent of...
Vlad Ivanov's insight:

Wise words Mr. Key:

"In the absence of any other alternatives, rapidly increasing house prices might see the Reserve Bank raise interest rates, which would affect all borrowers, and not be in the interests of first-home buyers, Key said"

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