"Another example is in NZ where the central bank there has increased the LVR to help reduce property speculation while rates are low."
that worked a treat....
National median price rose $33,000 to $415,000 (8.6%) compared to February 2013 and up $13,000 or 3.2% compared
to January 2014
Waikato/Bay of Plenty, Hawkes Bay and Canterbury/Westland all reached a new high median prices
The Auckland House Price Index reached a new record high and is up 16.9% on February 2013
"Another example is in NZ where the central bank there has...
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