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New Zealand property investors warned about risks of relying on a single bank for loans.
Property investors in New Zealand are being cautioned about the risks of relying on a single bank for all loans, known as the "one-bank trap."
This approach exposes investors to tighter lending rules and market changes.
Sarina Gibbon, from the Auckland Property Investors Association, advises working with brokers and creating flexible loan plans to mitigate risks posed by fluctuating property values and lending criteria.
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Los inversores inmobiliarios de Nueva Zelanda advirtieron sobre los riesgos de depender de un solo banco para obtener préstamos.