Property investors are selling off
Property investors are selling off older properties to buy newer ones as they look to manage investments against changes to tax rules and healthy homes standards.
Hamilton-based Lodge Real Estate managing director Jeremy O'Rourke, said the trend has been noticeable over the past few months.
Source - Newhub
Government is proposing that interest on a mortgage on a residential investment property acquired before 27 March this year will be phased out gradually until 31 March, 2025.www.newshub.co.nz...
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