So RBNZ makes exceptions now
Wednesday, December 11th 2013, 10:25AM 
2 Comments
The Reserve Bank has done a u-turn and exempted construction loans from its lending restrictions. Of course someone had to jump onto this and that was Kiwibank More >>
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On 11 December 2013 at 10:37 am Jeff Royle said:
Interesting that the whole point of the restrictions was to curb prices. Of course the reverse has happened because it's a supply issue, not demand. Auckland is at least 8000 units short so it's basic economics, more people than ever moving to Auckland, restricted supply, means price rises. Whats so hard about that? On 11 December 2013 at 1:27 pm w k said:
To get that job, one only needs to have lots of qualifications and know loads of theories, but need not not know application. sigh ... should have studied harder. Sign In to add your comment
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