How Will The NZ Government Changes Affect The Property Market?
In this episode of The Homeseekers, we cover how will the NZ government changes affect the property market? Topics include the scrapping of the First Home Buyer Grant, declining interest rates, and the benefits of banking with multiple institutions. We also discuss DTI versus servicing calculations, interest deductibility changes, and their impact on the property market. Find out if council valuations matter and how OCR predictions might affect your property decisions.
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⏰ Chapters ⏰
00:00 What this video covers
02:17 First Home Buyer Grant scrapped
06:16 Interest rates declining
09:52 Relationship with more than 1 bank?
14:00 DTI vs Servicing Calculations
19:15 Interest deductibility changes
22:42 Impact of changes on the property market
27:04 Does Council valuation matter?
31:52 OCR predictions affecting the property market
36:56 Summary
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