17  13  The incidence of arrears increases significantly for households with debt-to-income ratios between 250 and 350 per cent, with even higher increases for households with debt-to-income ratios equal to or above 350 per cent. See Cateau, Roberts and Zhou (2015).
BIS central bankers’ speeches  7  building programme in Auckland should be well advanced, and the additional supply in Auckland and Christchurch should bring greater balance to the housing market.