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New Zealand central bank plans further mortgage lending limits to cool property prices – ABC News

New Zealand’s central bank says it is concerned about the economic impact of runaway property prices and plans to further crack…

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The Reserve Bank of New Zealand wants to dampen the country’s runaway property prices. 
Key points:

  • New Zealand’s Reserve Bank plans to further restrict high loan-to-value ratio lending to cool booming property prices
  • It says the long-term wellbeing of everyone…

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