PHOTO: Could it be curtains for property investment while the Labour coalition government is in charge?
Are the Government’s proposed tax changes going to be the death knell for investing in property?
Kiwis tend to think of property as a solid investment because they understand it, they can see and touch it, it’s useful even if the market tanks, and they can borrow money to invest in it. But between plans to ring-fence tax losses and a potential capital gains tax.
Hannah McQueen is from Enable Me finance, and joins Jack Tame to discuss how the tax changes will effect the property market.
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