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An interest-ing change in housing policy


Author:  
Auckland Council Chief Economist, David Norman
Source:  
Auckland Council Chief Economist
Publication date:  
2021
Topics:  
Housing

Extract:

  • 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