Home Deposit Rules

A Reserve Bank official has suggested the size of deposits home buyers must provide could be regulated, to prevent cash-fuelled house price bubbles. Apparently Singapore and Hong Kong are implementing tighter Loan-to-Valuatio (LVR) ratios. The official stressed that this is just a proposal. The LVRs have already tightened, from 100% to 90% recently. LVRs for first-home buyers are tighter.