ANALYSIS: Investors claim rents could go up, rental stock could fall, and the Government has put first home buyers' interests ahead of renters in its latest housing policy announcements. ANDY JACKSON/Stuff Property investors claim rents will rise in the wake of the Government’s housing police changes. (File photo)We’ve taken investors’ claims and asked a housing, economic and legal expert to analyse them. David White/stuff NZ Property Investors Federation president Andrew King has argued against the government’s recent housing policy changes. He found that unlike markets such as the United States, New Zealand owner-occupiers could not seek tax relief from mortgage interest payments, but property investors could, which significantly reduced investors’ tax burden.
Source: Stuff April 06, 2021 16:52 UTC