Future Property prospects.

[beacon]

IMHO...

Future capital gains are taxed/decreased, but for buy-and-holders like myself cashflow will improve (which we will recieve in a much shorter timeframe).

I still don't understand. Do you mean that CGT introduction will prompt/induce landlords to somehow pass the tax to tenants by way of a rent increase. I seriously doubt that in the current economic scenario.

In my view, as long as bank lending to small business and investors remains tight, I don't see any sustainable improvement in either the economy/employment/wages or our GDP. But ironically, lending won't be loosened without asset reflation, low interest rates environment and currency pain.

Good things are happening though. Migration is picking up. Bollard has shown committment to hold interest rates low. Key has sealed some brilliant FTAs. Kiwisaver is slowly building up the national pool of investible savings. But miles to go before we sleep...