New Zealand Property Investors' Federation
The NZPIF is the umbrella body for 17 local Property Investors' Associations throughout New Zealand.
The following is a section of the report. To read the full report go to http://tonyalexander.co.nz/wp-content/uploads/2013/11/BNZ-REINZ-Survey-November-20131.pdf
The report reads.......
We asked agents a special question this month regarding the impact they are seeing from the LVR rules to see if there is anything happening which our questions may not have captured. The strongest theme is of course the withdrawal of first home buyers. After that a number of agents noted increased interest from investors while many noted decreased investor interest. A number noted strong and rising demand from offshore buyers, especially out of Asia. Selected comments illustrating themes beyond the obvious are as follows. All responses to the question have been placed in pdf file available here. http://tonyalexander.co.nz/wp-content/uploads/2013/11/BNZ-REINZ-Survey-November-2013-Special-question.pdf