Property Now
Labour Just Changed The Property Market FOREVER (Capital Gains Tax)
Labour just announced a new tax that could change the New Zealand property market forever.
If it comes in, landlords could pay hundreds of thousands of dollars more in tax when they sell a rental property.
In this video, economist Ed McKnight breaks down what the policy really means —
● Who would have to pay it
● How likely it is to become law
● And what it could do to house prices
Because whether you love or hate the idea, this policy could shape the future of property investing in New Zealand.
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013