Rule change that’s likely to hit NZ property investors harder

By Susan Edmunds for RNZ Debt-to-income (DTI) rules are likely to hit investors harder than first-home buyers, as interest rates fall further over the coming year. DTIs took effect in July, but at that point high interest rates were more of a restraint on borrowing. As rates ease, that could change.

Corelogic economist Kelvin Davidson says they could become a greater consideration by the middle of next year. But he said it was normally investors who were pushing the boundaries of what would be allowed..