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Property market is pretty crazy down here

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[-] BalpeenHammer@lemmy.nz 2 points 7 months ago

That would be an orwellian nightmare to monitor let alone dealing with all the disputes in court.

[-] Dave@lemmy.nz 2 points 7 months ago

Haha yes, it does seem that way. However, there are other places already doing it, so there must be a feasible way of doing it.

[-] liv@lemmy.nz 3 points 7 months ago

A proper capital gains tax on everything outside the primary residence is effectively an empty house tax.

The AirBnB part needs more regulation though.

this post was submitted on 04 Feb 2024
19 points (95.2% liked)

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