POLL: NBR readers' verdict on house prices solution
NBR ONLINE readers believe increasing the land supply and making resource consents easier is the key to bringing rising house prices under control.
Last week the government issued a response to the Productivity Commissioner's earlier assessment that housing can be made more affordable.
In a poll conducted on NBR ONLINE last week, readers were asked: What should the government do about rising house prices?
- Nothing. Let the market run its course (26%).
- Introduce a capital gains tax (17%).
- Increase subsidies for home buyers (2%).
- Increase the land supply/make resource consents easier (55%).