FEATURE ELECTION SPECIAL
It’s election month and time to consider who we want in charge of the country … and the housing market. There’s a lot of talk about buyers and sellers holding off from acting until after election night, and the implications of the policies of whoever holds the reins of power. Property investors will be particularly interested to see if anything changes around regulations: especially those thorny ones that have made life difficult for those in the sector.
We take a deep dive into the policies of the four main parties to see what they have to say about housing, and property investing in particular.
LABOUR
THE CURRENT GOVERNMENT HAS BEEN CRITICISED BY PROPERTY INVESTORS AROUND THEIR POLICIES, INCLUDING THE REMOVAL OF INTEREST DEDUCTABILITY AND THE EXTENSION OF THE BRIGHT-LINE TEST TO 10 YEARS. THESE POLICIES WILL CONTINUE IF LABOUR GET BACK INTO POWER, BUT THEY BELIEVE THEY HAVE HELPED CREATE A FAIRER