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  1. #31
    Guru
    Join Date
    Aug 2012
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    Quote Originally Posted by SBQ View Post
    NZ is worse than most places around the world for tangling rental ownerships with individual non-rental ownership. ....
    I agree. In addition the ability to minimise taxable net rent to maximise untaxed capital gains has helped bring about Mom and Pop investments in a second house becoming their de facto pension schemes too.

    It means would be owner occupiers can end up being outpriced and becoming renters, subject to NZ rental laws. So if new land owners want vacant possession or landlord family want to live in the renters' home, the renters are evicted. Codified feudalism?
    Last edited by Bjauck; 16-05-2020 at 09:04 AM.

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