Feature article
The two policies that could shake up the property market after the election
Election uncertainty could slow spring property sales as two major tax policies come into focus.
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AI summary
The upcoming election is creating property market uncertainty, with two key policies potentially slowing spring sales.
- The Opportunity Party's proposed 1.75% land tax, which it projects could lower house prices by 10-15%.
- Labour's undecided position on interest deductibility for landlords, a significant factor for property investors.
While elections typically slow sales activity more than prices, the market's future direction will ultimately depend on post-election coalition talks and the final shape of these influential policies.
Positions as at August 3
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