The 2016 ANZ Residential Property Survey results show the impact of the LVR restrictions on investors’ ability to purchase more property or change their investment strategies. Nearly a third of investors (31%) across the country said that the high LVR restrictions have significantly impacted their strategy over the past year. That’s quite a step up from the previous survey when just 16% reported an impact on their strategy. Furthermore, nearly half of those investors (14%) said they hadn’t bought a property that they otherwise would have bought if the restrictions weren’t in place.
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