Mortgage limits: nanny state or good sense?

  • The Reserve Bank has a persuasive case for being given the power to impose debt-to-income (DTI) curbs on residential mortgage lending.

It is certainly more compelling than the stock arguments raised against such a move: that it is too hard on would-be first-home buyers and is regulatory over-reach – nanny state stuff.

READ MORE VIA NZHRERALD

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