Original article here: https://www.stevegoodey.com/lvr-restrictions-are-gone-what-it-means-to-you/
Every commentary at the moment, is talking about the Reserve Bank getting rid of the Loan to Value Ratio restrictions.
People are saying it is a good thing for the market, but nobody has yet to explain why.
What does this mean for the investor and for the market as a whole? Is this move enough to “save” the property market from the impending recession?
So I grabbed some paper and tried to map out how it would actually pan out for the average property investor with a home plus two rentals. I discovered some interesting results.
I’d appreciate hearing what impact you think this will have – so post something back on Facebook and tell me how you see this going down.
- Full credit to my cameraman/eldest son for the steady camera work.