Debt-to-income ratios a long game, ANZ economists say

ANZ economists say DTIs largely kick-in during boom times in the housing market. (Image: DepositPhotos)

Tue, 23 Jan 2024

ANZ’s economists say not to expect new debt-to-income rules to have much of an impact on the housing market in the short term if they are implemented. On Tuesday, the Reserve Bank of New Zealand (RBNZ) announced plans to consult on details around proposed debt-to-income (DTI) limits. In a note, ANZ’s research team said the proposed DTI rules would likely soften house lending during boom times but not have much of an effect above loan to value (LVR) restrictions during other periods. The bank’s economists s...

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