A call to introduce a capital gains tax - and limit how much money wealthy people can borrow - has been labelled 'nonsense'
A call to introduce a capital gains tax - and limit how much money wealthy people can borrow - has been labelled 'nonsense'
14 February 2020
The latest Helen Clark Foundation report recommended the new restrictions, in a move to drive down house prices.
It states the decades-long property investment boom has created windfall gains for property owners, the real estate sector and banks... at the expense of people's basic need for shelter.
But One Roof Property Commentator Ashley Church says hitting the people you envy the most... to fix the market - is a simplistic, leftist idea that won't work.
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