Posts Tagged ‘building’

NRT: National’s hand-wringing on housing

Written By: - Date published: 4:12 pm, April 23rd, 2015 - 20 comments

Auckland house prices have exploded again. Houses get more capital gains than their inhabitants do in salaries. So what is the government doing about it? Nothing. They haven’t tried the economic basics.. Capital gains tax to decrease demand, or a building programme to increase supply. Meanwhile National’s landlord MPs laughing all the way to the bank…

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