Quote Originally Posted by Bjauck View Post
The current NZ tax system plus ability for investors to leverage all add up to owner occupiers being gradually priced out of the residential property market in NZ (esp Auckland).
Its not the Tax System!!! Its the banking system which allows for much lower interest rates for property.

I have debt secured over shares and it is treated exactly the same as debt secured over property, the only difference is the interest rate is 1.2% higher and the loan to value is much lower (and not even allowed on some shares).