nz shares or property

[Bjauck]

Equally, and just as silly - 'It's just as well there are people around who don't put their money into shares and instead buy real estate, so the building does not have to be dismantled and the materials returned for a credit when the original developers wants to end their involvement.'

It is unlikely that buildings would be dismantled as the cost of dismantling may exceed any sale proceeds of the second-hand materials.

Anyway the point, which you may agree with, is that a subsequent owner of a business, building or shares is an investor in a productive asset. The product from which is taxable except in the case of a residential building occupied by the owner.