Worse housing crisis looms

Worse housing crisis looms

Worse housing crisis looms Omega Capital says inconsistent Government legislation is ‘tying developers’ hands’ – worse housing crisis looms. Government moves to free up housing supply is doing little to help developers who are feeling a credit squeeze leaving them...
Significant $30m loss in Nido syndicate

Significant $30m loss in Nido syndicate

Significant $30m loss in Nido syndicate Significant $30m loss in Nido syndicate shows mortgage lending a less risky option for investors. One of New Zealand’s leading non-bank mortgage lenders says the collapse and mortgagee sale of large-scale Auckland homeware store...
New housing rules

New housing rules

New housing rules New housing rules to stimulate development may be hindered by tight financial restrictions. Government moves to intensify building development and stimulate housing has given a green light to build more houses, but developers already have the brakes...