Ep. 54 - DTIs, investor activity and 'sustained moderation'
In episode 54 Nick and Kelvin discuss the latest correspondence between the RBNZ and the Minister of Finance. There's plenty to cover, including debt-to-income restrictions (a week after Kelvin wrote specifically about them) and other options to extend the RBNZ's mandate.
Sticking with the RBNZ, they're consulting on LVR re-introduction and the direct funding for lending programme is underway.
Meanwhile the Prime Minister has essentially stated that 'sustained moderation' remains the Government's goal when it comes to house prices, as people 'expect' the value of their most valuable asset to keep rising. Jenée Tibshraeny wrote an excellent piece on interest.co.nz about the Government's position.
There's also the latest buyer classification data, REINZ' latest release, the NZAC for November, new 'land banker' data and even more! It's a busy end to the year.
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