POLL: NBR readers' verdict on house prices solution
The government has recently said increasing land supply and reducing RMA costs will help bring house prices down.
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EARNINGS
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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?
The result:
- 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%).
NBR Staff
Mon, 05 Nov 2012
Mon, 05 Nov 2012
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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POLL: NBR readers' verdict on house prices solution
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