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Property investors say they are being unfairly blamed for the ever-widening property boom now spreading to the regions.
House prices are rising across the country by $10,000 a month, prompting speculation that the Reserve Bank might outline further measures to curb house prices on Thursday.
Some of those measures could be “debt-to-income” limits for borrowers, raising the minimum equity that Auckland investors need for a home loan, or by increasing loan to value ratios (LVRs) generally across the country.
Property Investors Federation executive director Andrew King said investors were feeling unfairly targeted.
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* Reserve Bank warns of Auckland housing correction, more regulation coming
LIZ MCDONALD
Property investors say the housing market has gotten up a head of steam and not entirely due to them.
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