NZ HOUSING | A New Zealand Reserve Bank warning that immigration - TopicsExpress

NZ HOUSING | A New Zealand Reserve Bank warning that immigration is having a big impact on house prices has drawn a renewed call for curbs on the number being allowed in. The banks governor, Graeme Wheeler, told a NZ parliamentary committee on Wednesday he wasnt prepared to relax mortgage lending restrictions while there was a risk house price inflation could take off again. Our concern lies around migration, he said. SPP: Real growth includes more affordable, well-planned and desirable housing. #RedefiningGrowth If only AUS had a cluey RB Governor!

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