Money 2013: Betting the house

By Paul McBeth In Money, Money 2013

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28th February, 2013
The country’s favourite way to get ahead is never far from the headlines. With Auckland property prices breaking new ground, political parties promoting affordable housing policies and the Christchurch rebuild getting under way, real estate will continue to dominate many traditional investors’ thinking this year. A cursory glance at the big four Australian-owned banks’ quarterly updates for the last three months of 2012 shows an increase in the total amount of their residential loans and an increasing number of mortgages with high loan-to-value ratios – those in which the lender ...

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