THE CHART: The impact of the investor LVR 'speed limit' on prices

Tue, 17 Nov 2020

On Monday we looked at the history of loan-to-value ratios (LVRs) and their impact on housing demand.It seems pretty clear that limits on low-equity (or high LVR) loans to investors did have a moderating effect on the level of mortgage dollars flowing to residential property investors.But it got us thinking, what did the imposition of the investor LVRs do to prices after the first round of blanket limits were imposed in late 2013?Initially introduced in Auckland they did little to slow down the pace of house price growth. And then when they wer...

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