Election year:
2023
Political party:
Te Pāti Māori
Associated politicians:
Policy:
Housing
- Place a 2% tax on the capital value of a vacant or empty house if they remain unoccupied for 3 months or longer in any one year.
- The Overseas Investment Act must apply to all residential housing purchases as many of these ghost/vacant houses are owned by foreign interests.
- Add a Capital Gains Tax on all property set at 2% of the appreciation per annum – other than on the whānau home.
- Stop all sales of freehold land to offshore foreign interests.
- Read more here