@evanuggetpi to Aotearoa / New Zealand • 9 months agoMega Landlords: investor stops buying after tax change, renovating insteadwww.stuff.co.nzmessage-square14arrow-up154arrow-down11
arrow-up153arrow-down1external-linkMega Landlords: investor stops buying after tax change, renovating insteadwww.stuff.co.nz@evanuggetpi to Aotearoa / New Zealand • 9 months agomessage-square14
minus-square@Ilovethebomblink3•9 months agoThat’s actually a great idea, especially since the supply of new build properties can be increased to meet demand. If National intend to keep the rules this way, it actually sounds like a good policy.
minus-square@Xcf456link6•9 months agoThey don’t intend to keep it this way. Their stated policy is to reinstate full interest deductability for rental properties.
minus-square@BalpeenHammerlink3•9 months agoNational isn’t going to keep this policy. Their intent is to raise house prices.
That’s actually a great idea, especially since the supply of new build properties can be increased to meet demand.
If National intend to keep the rules this way, it actually sounds like a good policy.
They don’t intend to keep it this way. Their stated policy is to reinstate full interest deductability for rental properties.
National isn’t going to keep this policy. Their intent is to raise house prices.