Feature article
The two policies that could shake up the property market after the election
Election uncertainty could slow spring property sales as two major tax policies come into focus.
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AI summary
The upcoming election may slow property sales, with uncertainty heightened by two key policies. The Opportunity Party proposes a 1.75% land value tax, which it projects could lower house prices by 10-15%.
Separately, Labour's undecided position on restoring interest deductibility for landlords is creating doubt for investors. This uncertainty could shift the typical spring selling season, though the long-term impact of post-election policy will be more significant than any temporary market pause.
Positions as at August 3
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