Roosting chorus: RBNZ to print, then restrict
Reserve Bank plans another $28b of money printing and near-zero-percent lending, but only after bringing forward LVR reintroduction by two months to March; Landlords scramble to buy more before then
TLDR: The Reserve Bank surprised a few by bringing forward the reimposition of LVR restrictions, but only by two months to March. That leaves four months for landlords to scramble to gear up their equity with bank loans funded by another $28b of freshly printed near-zero-percent money from the central bank.
National’s Caucus and its leader Judith Collins
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