Key Facts:

  • There are three important things that property investors should know about the potential impact of a National Government on the property market.
  • A National Government is likely to introduce policies that are more favorable to property investors, such as tax reforms and loosening of regulations.
  • This could potentially lead to increased investor activity in the property market, putting upward pressure on house prices.

Article Summary:

Property investors in New Zealand should take note of three key factors that could affect the property market if a National Government comes into power. Firstly, a National Government is likely to implement tax reforms that are more favorable to property investors, such as reducing capital gains tax or increasing deductions for property-related expenses. This could provide a boost to property investors and incentivize them to increase their investments, potentially leading to increased competition and higher house prices.

Secondly, a National Government may also relax regulations and policies that currently impact property investors. For example, they could ease restrictions on foreign investment or introduce policies that promote property development and construction, which would increase the supply of housing in the market. This could have a positive impact on property investors by providing more opportunities for investment and potentially stabilizing house prices.

Lastly, a National Government may strengthen the economy, which could also benefit property investors. Economic growth and stability can contribute to a positive property market, as it encourages investment and consumer confidence. With a stronger economy, property investors may see increased demand for rental properties and potential capital gains.

In conclusion, if a National Government takes office in New Zealand, property investors can expect policies that are more favorable to their interests, such as tax reforms and relaxed regulations. This could lead to increased investor activity in the market and potentially higher house prices.

To read the full article, go to:

https://www.corelogic.co.nz/news-research/news/2023/three-things-to-know-about-a-national-government-and-property-investors