I had a good chuckle listening to John Key on Breakfast TV this morning being quizzed on the do up of Premier House. The PM was been challenged for renovating Premier House at a time when our economy is subdued and many people are struggling financially. But for me, the interviewer (and Labour) missed the [...]
Indebted landlords squeezed between rising costs and falling returns on rental homes are selling, bringing a rush of cheaper homes onto the market. With property values losing ground against inflation, landlords are facing flat rents, rising interest rates and Government attempts to dampen property investment. Last month’s Budget axed depreciation as a tax break for [...]