Aotearoa / New Zealand

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submitted 9 months ago by fallaciousreasoning to c/newzealand

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Property market is pretty crazy down here

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[–] Dave 2 points 9 months ago (1 children)

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 9 months 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.