Global New Zealand

New Zealand’s Central Bank Readies To Tighten Mortgage Lending Even Further

New Zealand’s central bank is considering tightening mortgage lending standards even further. In June the New Zealand Government gave the Reserve Bank the green light to tighten lending. This morning, they announced they’ll consider a series of new measures in October. The big changes they’ll consider are further limits to high loan-to-value ratio (LVR) borrowing, […]

Canada Global

Canada Doubled Down On Real Estate In 2005. Now It’s The Biggest Bubble The G7 Has Ever Seen, and It’s Getting Bigger

Canadians know real estate prices have grown quickly, but most have no idea how it compares to the world. US Federal Reserve Bank of Dallas (US Fed) data shows how home prices evolved since the Financial Crisis. While most countries scrambled to balance home prices with local economic growth, Canada doubled down on housing. The […]