This New Law Will Change Property Prices Forever
One party is proposing a tax on the land under your house. You would pay it every year, whether you sell or not.
With the NZ election on 7th November 2026, the Opportunity Party is polling around 6%, which could put it in a position to hold the balance of power.
In this episode of the Property Academy podcast, Ed and Andrew look at the policy fairly and break down:
● How much a 1.75% annual land tax would cost on a $1.3 million section
● How the proposed $370 a week citizen’s income is meant to pay for it, and who comes out ahead or behind
● What the Opportunity Party expects to happen to NZ house prices
● What Deloitte and UK research suggests about who really pays a land tax
● And what it could mean for renters, landlords, farmers, and people on NZ Super
This episode isn’t telling you who to vote for. It’s about understanding the policy so you can make up your own mind.
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.
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