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Hot Topic Hawke’s Bay
General Business
4 mins to read
3

CGT likely to hike house prices and rents, REINZ says

What will the likely impact on the property market be?

Fiona Rotherham Thu, 21 Feb 2019

The Real Estate Institute (REINZ) says a capital gains tax is likely to push up house prices in the long term and that will have a flow-on effect on the rental market.

The government tax working group’s final report out today recommends a capital gains tax from April 1, 2021, at an

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Fiona Rotherham Thu, 21 Feb 2019
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
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