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 is expected to create uncertainty in the property market, potentially slowing sales activity more than prices. This is amplified by two significant policy proposals that buyers and sellers are watching closely.
Key policies creating this uncertainty include:
- The Opportunity Party's proposed land value tax, which it projects could lower house prices.
- Labour's undecided position on reinstating limits to interest deductibility for landlords.
While a temporary pause in sales is likely, the actual post-election policies will have a more significant impact.
Positions as at August 3
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