23 Mar 2021

Govt issues new measures in attempt to cool housing market

From Checkpoint, 5:07 pm on 23 March 2021

The government is cracking down on property investors to try and even the playing field for first home buyers and turn down the heat on the property market.

It has released a new raft of measures including doubling the time investors have to hold on to additional properties to avoid paying tax when they sell.

However, other political parties are far from impressed with the measures.

RNZ political reporter Charlie Dreaver and camera operator Samuel Rillstone filed this report.