17 Mar 2021

Housing plan fails first home buyers

From Midday Report, 12:42 pm on 17 March 2021

The Green Party is calling for action on the overheated property market.

Their four-point plan includes ensuring that those buying an extra property put down a deposit, and an indefinite extension on the bright line test timeframe – essentially a Capital Gains Tax.

The changes would make life harder for investors, but would it make any difference for first home buyers?

Māni Dunlop spoke with a spokesperson for the First Home Buyers Club, Lesley Harris.