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Thread ID: 144244 2017-08-23 23:42:00 Capital gains tax comes on the radar again ... Nomad (952) PC World Chat
Post ID Timestamp Content User
1438531 2017-08-31 05:38:00 Beacsue if landlords have to pay more tax, they will put their rents up, so the government will have to up the supplement cap.
It will affect the lowest income people the most

Also , less likely to invest in building new rentals. Less available rentals, rents go up . in theory.
On the other hand, will depend on what people are willing & able to pay in rent . I would have thought we are well past affordable rent (in Ak) , so will be a natural limit on rent
increases .

Making things harder & stricter for landlords can ONLY lead to more living in cars & garages
Wait & see what happens when we reach the final deadline for insulating rentals .
1101 (13337)
1438532 2017-08-31 07:14:00 Making things harder & stricter for landlords can ONLY lead to more living in cars & garages
.
This is undiluted piffle, the rental market in most European cities is far stricter than here, yet there are no more homeless per capita there than here, in fact there are fewer.
KarameaDave (15222)
1438533 2017-09-01 00:34:00 This is undiluted piffle, the rental market in most European cities is far stricter than here, yet there are no more homeless per capita there than here, in fact there are fewer.

and we all know the EU rental/housing market is EXACTLY the same as in NZ
ie Asian & Sth African owners .
:banana
1101 (13337)
1438534 2017-09-01 03:13:00 A CGT is economically a sound idea. It has been implemented in plenty of other countries, without the sky falling in.
In fact, NZ already has a CGT, with the 2 year bright line test - it just needs to be widely extended in scope.
Nick G (16709)
1438535 2017-09-01 03:21:00 Beacsue if landlords have to pay more tax, they will put their rents up, so the government will have to up the supplement cap.
It will affect the lowest income people the most

Classic factually inaccurate scaremongering. You're wrong, give it a rest.

Edit - I'll explain in more detail when I'm home.
Nick G (16709)
1438536 2017-09-01 06:13:00 and we all know the EU rental/housing market is EXACTLY the same as in NZ
ie Asian & Sth African owners .
:banana

The rental market will adjust,it is inevitable.
So carry on banana dancing, it means nothing.
KarameaDave (15222)
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