Kiwis considering buying a home or investing in property in New Zealand will be closely monitoring the Reserve Bank of New Zealand’s (RBNZ) proposal to introduce debt-to-income (DTI) restrictions. If introduced, DTIs would limit the amount of debt households can take on and cap mortgage lending against a borrower’s income. With the high cost of New Zealand housing, DTIs could effectively slow down the property market and make it harder for average earners to secure a mortgage.
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