Entries by Shamubeel Eaqub

LVR data for March 2013

The RBNZ announced LVR (loan to value) restrictions will start on 1 October 2013. It will limit high LVR (over 80%) to 10% of new lending. Matt has already written about this. This post adds some data for context. The following figures are from the March 2013 quarter General Disclosure Statements, published on each bank’s website. 

First home buyer help – lets repeat others’ mistakes

National has announced policy to support first home buyers to take on more debt. It will have an entirely predictable outcome: higher house prices and higher debt. This will drastically increase the cost of the homes, which are as of now being sold. I recently took the assistance of a company to sell my house […]