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23 Jan 2021 10:33
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  •   Home > News > Politics

    There's no silver bullet for the housing crisis

    There's no silver bullet for the housing crisis


    The Government's refusing to be drawn on plans to extend the Brightline test beyond five years.

    If an owner's second house is sold within that time, they must pay tax on the capital gain.

    But AUT construction expert John Tookey says there'll be a massive lag before it helps.

    He says the Government could come up with the best policy in the world - but it could still take a year to sort out.

    © 2021 Newstalk ZB, NZCity


     Other Politics News
     23 Jan: Frustration for some gun owners, over a second buy-back scheme rolling out from February 1st
     22 Jan: Oranga Tamariki is being urged to explore different leadership models
     22 Jan: As Oranga Tamariki faces a future under new leadership, the Children's Minister says partnership with Maori is essential
     22 Jan: A financial expert says interest rates will rise, but not as quickly as some might hope
     21 Jan: The first of many changes needed to solve the housing crisis
     21 Jan: Getting the gloves out to combat the housing crisis
     21 Jan: Lebanon opened up for the holidays to help its economy. Hospitals are now filled with COVID-19 patients
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