Speculators or Investment Property owners who rent their house to young kiwis? How much will this meddling put up everyones rent?
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If your sole business is property you won't be off setting losses from another business so wouldn't apply to big buyers would it?
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Cue the scaremongering from investor lobby groups... "Mum and dad investors" indeed.... what a load of horse shit.
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A lot
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It is every day mum and dad investors this will hit
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Yeah that's it.Every day Mum & Dad investors with a spare million or 2 lying around. The target is speculators - one of those not like other
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speculators are people who are in and out of the market quickly.This will not effect them
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“...Labour is going to ban foreign speculators from buying existing homes..."
End of conversation
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