"House Prices Close to Peak", page-62

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    Banks’ approval mortgage ratio at 3:1, as Labour claims disparity shows Auckland is a ‘speculators’ paradise’.

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11487764



    New Zealand banks approved three times as many mortgages for investors as they did for first home-buyers over the past year, Reserve Bank figures show.
    Last edited by aimone: 29/07/15
 
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