This 2015 OECD Economic Survey of New Zealand examines recent economic developments, policies and prospects. Special chapters cover sustaining the economic expansion and making growth more inclusive.In their first 12 months of operation these measures proved effective in reducing house price inflation and credit growth. ... price growth by 3.3 percentage points and household credit growth by 0.9 point and had a relatively negative impact on house sales as of March 2014 (Price, 2014). ... The burden of lowering LTV limits tends to fall disproportionately on first-time home buyers and poorer individuals.
|Title||:||OECD Economic Surveys: New Zealand 2015|
|Publisher||:||OECD Publishing - 2015-06-09|