An interest-ing change in housing policy
Author:
Auckland Council Chief Economist, David NormanSource:
Auckland Council Chief EconomistPublication date:
2021Topics:
HousingExtract:
- Recent housing policy announcements have been met with mixed responses.
- Rents probably won’t rise sharply, the bright line tax extension will make little difference, but interest deductibility will slow house price growth.
- Developers who have recently purchased land may pause to re-evaluate the feasibility of their development, but established developers are likely to push ahead. ...
April 2021