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  • NZ Property Investor

    A YEAR OF EXTREMES

    Mar 25, 2021 4 minutes
    writes Joanna Mathers.

    It’s been a full year since Covid-19 made its unwelcome appearance on our shores. The doom and gloom merchants who predicted the pandemic would see a plunge in property values have been proved wrong, as data around property continues to paint a picture of a booming market.

    However, with LVRs of 30% back in place for investors from March 1, and a leap to 40% in May, it’s predicted that the market may start to cool.

    “This is especially likely following the Minister of Finance’s direction to the Reserve Bank to ‘have regard to the impact of its actions on the Government’s policy of supporting more

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