The removal of interest deduction on residential investment property hurts highly leveraged investors the most. To cope with the Government’s new housing rules, lenders are reviewing their lending policies for mortgage.
New Zealand's government tackles at property speculators with a package of new housing rules to relieve runaway property prices and reduce the risk of a "dangerous" bubble. Banks are more likely to review their servicing calc...
In March 2021, New Zealand government announced a new housing policy package targeted at relieving pressure on the property market and tipping the balance away from speculators and back towards first-home buyers and long-term...
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