It’s no secret RBNZ is looking for suitable measures that target property investors to help cool the Auckland property market. Back in February 2015 property investors awaited news of a measure that would target investors with 5+ rental properties but the announcement did come.
Tag Archives | Property Investor loans
The RBNZ is consulting until 7th April 2015 on a potential new sub asset class for property investor loans. The Bank wants to further classify property investor loans, so it can ensure banks are holding adequate capital for investment property lending. In a market downturn losses associated with mortgage defaults are higher for investment properties than owner occupiers.