NZ Property Investor

CRUNCH TIME AT THE POLLING BOOTHS

YOUR ACCOUNTANT

Well, finally we are here. The election is upon us, and never before has there been a political choice that will have such a profound impact on residential property investors’ fortunes as this one.

By increasing the bright-line to 10 years and removing interest deductibility from residential housing, Labour achieved their objective of making housing more affordable for first home buyers, at least as far as price was concerned. But on the interest rate

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