Quote Originally Posted by troyvdh View Post
Rental properties...the NZ Treasury have stated that by removing tax incentives for rental property owners will result in rent increase's....now if that is not the most profound understatment of the century...please let me know.;...this lot must be the biggest despository of Mensa minds in the world...

PS ..and bye the way who else will be fronting up to provide rental properties....councils...govt....
There are no tax incentives applying to real estate that do not apply to any other investmernt or business. The thing that sets rent levels is supply and demand. Nothing else. If treasury does anything at all to discourage real estate investment - guess who will buy the properties then? How right you are - the potential tenants. That will lower dewand in equal numbers to lowered supply.