In a move that could further stress hard-hit first-time home buyers, proposed Reserve Bank measures could force all banks to count personal debt such as credit cards against proposed home loans. Ref. Source 4
New Zealand Real Estate History & Civil Business Politics
Compulsory Christchurch land deals start
The Government has listed central Christchurch sites it intends to compulsorily acquire despite some landowners believing they were still in good faith negotiations. Ref. Source 3
Labour is warning of a possible house price plunge in the provinces, accusing the Government of delivering "Another kick in the guts to the regions". Ref. Source 8
The Labour Party's plan to take on Canterbury's housing crisis is being praised as ambitious but leaves more questions than answers, industry experts say. Ref. Source 7
The Government is threatening to name and shame owners who have taken no action after a nationwide review of potentially deadly buildings. Ref. Source 5
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