Reality of Market burst Bubble of Housing Policy.
Posted on December 6th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Annual REINZ figures show inflation of house prices are 10% nationally and in Auckland they are 16%. The Reserve Bank’s LVR is not achieving what they want, first home buyers have simply left the market, making way for property investors. Banks had less high LVR lending, but there was no evidence of it slowing house […]
Filed under: REAL ESTATE | No Comments »