Podknife - First-home buyers hit hardest by new debt-to-income ratios by Morning Report

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First-home buyers hit hardest by new debt-to-income ratios

Podcast |: Morning Report
Publisher |: Radio New Zealand
Media Type |: audio
Podknife tags |: News & Politics,; New Zealand,; On The Radio
Categories Via RSS |: News
Publication Date |: Jun 30, 2024
Episode Duration |: 00:06:58

First-home buyers are expected to be hit hardest by new debt-to-income ratios, and the restoration of mortgage interest deductibility for property investors. The new ratios allow owner-occupiers to borrow up to six times their pre-tax income; and investors, seven. Vanessa Williams, from realestate.co.nz, spoke to Corin Dann.

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