Ordinary Kiwis will bear the brunt of RBNZ’s mortgage borrowing policy

It would appear that by forcing banks to hold an extra 12 per cent of capital for backing.... mortgage lending from 30 September 2013........ the RBNZ is trying to curb high loan to value ratio
Takapuna, Auckland New Zealand: Press Release -- LoanPlan (Mortgages) Intentions by the Reserve Bank of New Zealand (RBNZ) to force banks to hold more capital for people with a less than 20 per cent deposit towards a mortgage will only hurt ordinary Ki… http://www.loanplan.co.nz/about-us/blog/ordinary-kiwis-will-bear-the-brunt-of-rbnzs-mortgage-borrowing-policy/