Housing Policy Changes – What Are The Facts?
Thursday, 15 April 2021, 4:46 pm It has been two weeks since the Government’s announcement to extend the Brightline Test and to taper/remove mortgage interest deductibility for investors. Amidst all of the expert commentary, news headlines, and social media debate, here is our evidence-based perspective. A spike in investor sales or sharply rising rents don’t seem particularly likely. Indeed, as always, higher mortgage rates might be the key concern for property, especially now that the loss of interest deductibility will be felt more keenly if/when rates do rise. On top of that, loans (...
Source: scoop.co.nz