Hi guys,
Some of you might remember me - I'm a property reporter at the Dom Post. Did you know about the Reserve Bank proposal to move people with five or more properties into the commercial interest and deposit categories with major banks? They've proposed this could be the next stage of LVRs. So they'd be treating guys who have a few properties basically like big time real estate investors. It's in their policy paper Summary of submissions and final policy decisions on the Consultation Paper: Review of bank capital adequacy requirements for housing loans.
Would be interested to hear your thoughts and if you're Wellington based perhaps we could go on the record? PM me if you like.
Cheers.
Some of you might remember me - I'm a property reporter at the Dom Post. Did you know about the Reserve Bank proposal to move people with five or more properties into the commercial interest and deposit categories with major banks? They've proposed this could be the next stage of LVRs. So they'd be treating guys who have a few properties basically like big time real estate investors. It's in their policy paper Summary of submissions and final policy decisions on the Consultation Paper: Review of bank capital adequacy requirements for housing loans.
Would be interested to hear your thoughts and if you're Wellington based perhaps we could go on the record? PM me if you like.
Cheers.
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