this post was submitted on 04 Feb 2024
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Aotearoa / New Zealand

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Queenstown Lakes property values pass $2 million average for the first time (crux.org.nz)
submitted 9 months ago by fallaciousreasoning to c/newzealand
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Property market is pretty crazy down here

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[–] 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.