Hi All,
Having just read that 60% of Property Investors have a debt more than 5 times their income and 35 % of home owners are also in the same situation I wondered how many of us are in the 60% and how concerned are we about the RBNZ considering a max. borrowing of 5 times the income (currently it's 9 times)?
cheers,
Donna
Having just read that 60% of Property Investors have a debt more than 5 times their income and 35 % of home owners are also in the same situation I wondered how many of us are in the 60% and how concerned are we about the RBNZ considering a max. borrowing of 5 times the income (currently it's 9 times)?
cheers,
Donna
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