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22 Apr 2021 1:48
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  •   Home > News > Business

    The Reserve Bank's deputy governor says reintroducing Loan to Value Ratio rules is no silver bullet for house prices

    The Reserve Bank's deputy governor says reintroducing Loan to Value Ratio rules is no silver bullet for house prices


    From March, owner occupiers will need a 20 per cent deposit, but investors will need a 30 per cent deposit - rising to 40 per cent from May.

    Reserve Bank Deputy Governor Geoff Bascand says we'll need more policy measures, changes and building activity .... to have a more enduring impact.

    But he says it will help - and contribute to moderating prices in the short term.

    © 2021 Newstalk ZB, NZCity


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