Build-to-rent developers and owners offering ten-year leases will receive a tax break in an attempt to boost long-term rental supply.
The tax changes, announced by Housing Minister Megan Woods in Hobsonville this afternoon, will see new and existing build-to-rent developments exempt from interest
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).