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    RBNZ: Housing risks require a broad policy response Dhwani Mehta

    The Reserve Bank of New Zealand’s (RBNZ) deputy governor Grant Spencer crossed the wires last minutes, speaking on the housing sector.Key Quotes:“Housing risks require a broad policy response”“Contemplating further macro prudential tools to curb housing market”“Considering tightening loan to value ratios further”“Limits on debt to income ratios may also play a role”“Concerned about risks to financial and economic stability due to housing market imbalances”“Tighter loan to value ratios could be introduced by year end”

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