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20 Jan 2021 1:30
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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
     19 Jan: Schools will be doing their best to make sure kids aren't disadvantaged by Covid-19 this year
     19 Jan: Tourism businesses are shaking in their boots ahead of February and March
     19 Jan: It's been an anxiety-ridden summer break for tertiary teachers..
     19 Jan: A new scheme to help essential workers find a home in the capital
     18 Jan: The Government's keeping quiet about any plans to fix the housing market
     18 Jan: A West Coast institution has been saved from permanent closure
     18 Jan: A push to inspire entrepreneurial Cantabrians
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