There were no foreign property investors to boost the housing market, so these predictions seemed solid. READ MORE:* Reserve Bank ordered to consider housing in decision-making* Reserve Bank would rather do 'too much': Will it come to regret that? 1 NEWS Adrian Orr says if restored LVR restrictions don’t affect the investor housing market, more will be put in place. Well economics 101 points directly to a housing supply issue and no one with serious views on the housing market can deny this. Stand up then the Reserve Bank Governor.

Source: Stuff February 27, 2021 15:56 UTC