Data released by property valuation company Valocity and reported by NZME's One Roof shows that Queenstown Lakes district recorded value growth of 4% quarter-on-quarter, and 6. 3% year-on-year.

Property market is pretty crazy down here

  • Dave@lemmy.nzM
    2·
    10 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·
      10 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.