Dawn chorus: Buying frenzy fears
Fears (or hopes) grow of a house buying frenzy before the RBNZ reimposes LVR limits in March. Wellington approves 350 homes at Shelley Bay, but Christchurch pushes back against the densification NPS.
TLDR: The debate about the housing boom is raging. Both Stuff and NZ Herald lead this morning with fears (or should that be the hopes of the real estate ad sales departments and homeowning readers…) that the Reserve Bank’s March reimposition of LVR restrictions will unleash a buying frenzy before then. They also report the Reserve Bank is bouncing respo…
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