3 Jul 2024

New regulations set to impact property investors

From Morning Report, 6:17 am on 3 July 2024

Property investors will soon be feeling the effects of a raft of new regulations introduced this week. In its latest monthly report company, RealEstate.co.nz finds that housing stock is up in all regions on what it was a year ago, and new listings are trending upwards. What remains to be seen is the effect of debt-to-income ratios, loosened loan-to-value ratios, more relaxed bright-line test, and earlier changes to interest deductibility. RealEstate.co.nz's chief executive Sarah Wood spoke to Ingrid Hipkiss.