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ECON101 - and the government has since 2017 tells us the country needs more new builds and was voted in on that basis. So the question is - if there is demand for them, even massive government funding for social housing and Kiwibuild and underwrites, why haven't they happened? And how does changing tax rules for existing rental properties support more new builds, when they did not happen under the previous tax rules?
Because reasons?
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