BoE starting to control money volumes
Some are taking macroprudential matter more seriously, the new coalition government in the UK have recognised more controls are needed to limit asset bubbles – when will New Zealand catch up and focus or problem asset classes?
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/7831323/Bank-of-England-to-cap-mortgages.html
tags: lvr, loan to value ratios, loan to value