Jenee Tibshraeny and I take a 'hoon' around the Reserve Bank's tightening of lending restrictions, its likely move on August 18 to start hiking rates and the immense stresses on the immigration system
If the Reserve Bank does increase the OCR and reduce the amount the Banks can lend by virtue of the new DTI rules, which as you say will affect first home buyers, what if the Government abolished all student loan debt? Would that help first home buyers as well as gradually reducing the obscene number of years income necessary to buy a home?
If the Reserve Bank does increase the OCR and reduce the amount the Banks can lend by virtue of the new DTI rules, which as you say will affect first home buyers, what if the Government abolished all student loan debt? Would that help first home buyers as well as gradually reducing the obscene number of years income necessary to buy a home?