Non Bank Lending Specialist
- Resilience needed in face of changeThe Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
- Price expectations spiral downHousing confidence has been dealt a hefty blow by the Covid-19 crisis with house price expectations plummeting to new lows.
- Mortgage lending slumps to record low in AprilMortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.
- COMMENT: Housing supply increase is being hamperedThe much-needed increase in housing supply is being hindered by new legislation relating to rental properties, warns NZ Property Investors Federation executive officer Sharon Cullwick.