Yep - people have worked it out that gains on housing prices go tax free and the NZ gov't won't address housing inequality (affordability - or whatever people call it).
New rental rules means, newer houses will fetch for higher prices while old dumps will go un-tenantable or will incur costly renovations.
Gains may be tax free, and losses are not deductable.
Last edited by fungus pudding; 23-11-2020 at 06:27 PM.
Originally Posted by SBQ
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