Predicting election impact
Property Institute chief executive Ashley Church said that NZ First’s position as “King or Queen maker” mean that its policy positions will feature – whether Winston Peters picks National or Labour as a coalition partner.
“While the coalition talks are all about negotiating positions, Peters will have considerable leverage over both parties.
“So there are some bottom lines that we can reasonably expect to find their way into any final agreement.”
In Church’s view, these are likely to include some type of ban on residential property sales to foreign buyers; a moratorium on capital gains taxes; increased focus on state involvement in increasing housing supply and the creation of one or more Urban Development Authorities.
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