Larger house deposits irresponsible - expert
Tue, 15 May 2012 1:15p.m.
A real estate boss says a proposal to require bigger deposits from home buyers is irresponsible.
He says it will not help anyone.
This comes as new data shows a jump in the number of people expecting house prices to rise.
Watch the video to see the full report by Susie Nordqvist
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15/05/2012 7:40:46 p.m.
Geoff Prickett wrote:
A real estate is not an expert. He/she is blatantly self-interested. Cheap credit, usually from overseas, borrowed to inflate the price of property may well line the pockets of the real estate industry but it can only contribute to a more precarious future for all New Zealanders. Roll on Greece - here we come.
15/05/2012 6:32:19 p.m.
I find it hard to believe he has first home buyers interest first.
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