RBNZ considers property investor crackdown

  • Life is about to get tougher for property investors as the Reserve Bank considers clamping down further on their access to credit to buy houses.

Auckland’s housing market has refused to buckle under Reserve Bank pressure aimed at reining in house price growth, which is starting to accelerate again.

And it’s not the only region where house prices are gathering pace.

More on the housing market:

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Reserve Bank governor Graeme Wheeler today delivered his latest official cash rate announcement, holding it at 2.25 percent as expected. Photo: Supplied

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