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11 May 2021 7:45
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  •   Home > News > Business

    Investors may be slowly pulling back from the property market -- three weeks after Government changes

    Investors may be slowly pulling back from the property market -- three weeks after Government changes


    The new policies include removing interest deductibility for investors.

    In a survey by economist Tony Alexander, a net 10 per cent of respondents say they plan to cut investment property purchases.

    Ray White CEO, Carey Smith, says they're seeing a similar trend.

    He says investors are re-assessing the various impacts of the policy changes.

    © 2021 Newstalk ZB, NZCity


     Other Business News
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     10 May: Some Genesis customers are in for an unexpected windfall after the company committed to refunding more than one-million to business clients it overcharged
     10 May: Grant Robertson is revealing more details about next week's Budget -- in a speech to business leaders in Auckland
     10 May: Signs the market is turning, despite a new high for house prices
     10 May: A report shows international air travel will take at least five years to return to pre-Covid levels
     08 May: Auckland's dam levels have dipped below 50 percent again
     08 May: Auckland's in the middle of a building boom with more than 17-thousand new homes completed across the city in the past two years
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    The Prime Minister says there are areas where the public servants' union and Government are on the same page More...



     Today's News

    Living & Travel:
    Hunters are being brought in to help manage tahr numbers in the South Island 7:37

    Rugby:
    Caleb Clarke wants to one day tell his grandchildren he went to the Olympics 7:27

    Law and Order:
    Supermarket staff are being supported, after a traumatic incident in Dunedin 7:17

    Entertainment:
    Vanessa Hudgens made the first move in her relationship with Cole Tucker 7:16

    Entertainment:
    Spencer Pratt didn’t want his wife Heidi Montag to have a second child amid the COVID-19 pandemic because he didn’t want to have to “wait outside” while she was in labour 6:46

    Entertainment:
    Anna Faris struggled to understand why her son was born prematurely 6:16

    Rugby:
    New Zealand Rugby high performance boss Mike Anthony's unsure when the captain's challenge will return 5:27

    Business:
    The Prime Minister says there are areas where the public servants' union and Government are on the same page 4:57

    Entertainment:
    Aubrey Plaza has revealed she is married to her long-term partner Jeff Baena 21:46

    Rugby:
    TJ Perenara has made a decision on his future 21:17


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