I should say at this point that the next four graphs sprinkled through this article are courtesy of the RBNZ and refer to the September DTI figures. On a nationwide basis, in September 2019, investors borrowed just over $1 billion, of which 55% was on DTIs of five and above. A little under $50 million (4.6% of the investors' total) was borrowed on a DTI of nine or above. ', feeding frenzy was getting underway in earnest and investors borrowed a bit over $1.5 billion, with slightly over $1 billion of this - 67.6% on DTIs of five and more. In September 2021 they borrowed nearly $800 million (68.2% of the investors' total) at DTIs of 5+.

Source: Stuff November 16, 2021 08:51 UTC