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CGT likely to hike house prices and rents, REINZ says

What will the likely impact on the property market be?

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
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CGT likely to hike house prices and rents, REINZ says
General Business,
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