Speaking to Real Estate Talks, GM of Sales & Marketing - Peter Bromley, provides an overview of what's happening in the NZ property market, with a particular focus on what's happening outside of Auckland. You can listen to the original podcast here .
NZ Property Values outside Auckland
Although it’s not law yet, the tax ring-fence for rental property losses is likely to be approved and, when that happens, will apply to the current tax year (which has of course already started). But there are reasons to doubt that it will dramatically change the rental property landscape.
Plenty to talk about this month, with the key influencers Government and RBNZ making a few big calls. Wondering about the Capital Gains Tax, Official Cash Rate and Foreign Buyer Ban? We look at the market impact of all.