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Thread: Caravan parks?

  1. #1
    Senior Member
    Join Date
    Jul 2007
    Location
    North Shore
    Posts
    1,088

    Default Caravan parks?

    With the prospect of capital gains tax coming in, has anyone ever tried to rent out caravans to residential tenants?

    My pessimistic view is that government efforts to bring in CGT along with supercity-sized development contribution levies will result in a shortage of rental accomodation causing a move to cheaper accomodation.
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

  2. #2
    Legend
    Join Date
    Apr 2008
    Location
    Sth Island. New Zealand.
    Posts
    6,428

    Default

    Quote Originally Posted by AMR View Post
    With the prospect of capital gains tax coming in, has anyone ever tried to rent out caravans to residential tenants?

    My pessimistic view is that government efforts to bring in CGT along with supercity-sized development contribution levies will result in a shortage of rental accomodation causing a move to cheaper accomodation.

    CGT = Camping ground tariff.

  3. #3
    Senior Member
    Join Date
    Apr 2002
    Location
    , , New Zealand.
    Posts
    726

    Default

    At least Key seems to see the drawbacks of CGT...

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