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submitted 2 years ago by fallaciousreasoning to c/newzealand

Property market is pretty crazy down here

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[-] Dave 2 points 2 years ago

Haha yes, it does seem that way. However, there are other places already doing it, so there must be a feasible way of doing it.

[-] liv 3 points 2 years ago

A proper capital gains tax on everything outside the primary residence is effectively an empty house tax.

The AirBnB part needs more regulation though.

this post was submitted on 04 Feb 2024
19 points (95.2% liked)

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