Insight for Sunday 28 July 2013

The Reserve Bank is considering measures to cool the housing market, especially in Auckland and Christchurch.

The Bank is considering curtailing the number of loans that can be made where the amount borrowed is above 80 per cent of the value of the house.

Philippa Tolley speaks to both those who back the use of new controls and to those opposed to them.

Some say there could be possibly unintended consequences.