As NZ struggles to resolve its long-running housing crisis, investors should be taxed for keeping homes empty
- Written by Ranjana Gupta, Senior Lecturer Taxation, Auckland University of Technology
The property market is New Zealand’s largest industry, adding NZ$41.2 billion a year to gross domestic product. But there is a debate over how we tax houses – particularly those sitting empty despite the ongoing housing crisis.
Housing affordability is a concern for both renters and home owners. Last year, one in four rental households...
