http://www.scoop.co.nz/stories/PA1307/S00242.htm Key’s kick in the teeth to first home buyers Monday, 15 July 2013, 2:02 pm Press Release: New Zealand Labour Party Phil Twyford Spokesperson for Housing David Parker Spokesperson for Finance 15 July 2013 Key’s kick in the teeth to first home buyers John Key is shutting thousands of first home buyers out of the market with his plans to impose lending limits for home mortgages, Labour’s Housing spokesperson Phil Twyford and Finance spokesperson David Parker said. Labour understands the Reserve Bank will soon announce limits on high Loan to Value Ratio (LVR) home lending without an exception for first home buyers. [....]