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Investor crackdown: A breakdown of the Government s big plan to favour first-home buyers

Investor crackdown: A breakdown of the Government s big plan to favour first-home buyers
newshub.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newshub.co.nz Daily Mail and Mail on Sunday newspapers.

Greens on housing crisis: Investors must be taxed and forced to cough-up cash deposits

Greens on housing crisis: Investors must be taxed and forced to cough-up cash deposits Newshub 4 days ago Zane Small © Image - Getty; Video - The AM Show Watch Reserve Bank Governor Adrian Orr s interview on The AM Show. To solve the housing crisis, the Greens want to end interest-only mortgages, tax property investors and force them to cough-up cash deposits - not use equity from other homes. The Greens are also calling for direct economic stimulus from the Government in the form of income support, instead of relying on the Reserve Bank, as well as a massive urban redevelopment and home building programme led by Kāinga Ora.

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