So says says NZIER chief economist Shamubeel Eaqub in the Herald today, under the headline "Tenants need help: expert".
Could that actually be true? And if so, what does he actually mean - he gives no clue really except to advocate some unspecified "rental market reform". Any ideas?
"He said it was wrong to blame Chinese investors, lack of an effective capital gains tax, planning rules or cheap credit for our housing market problems. The issue could not be fixed by a single silver bullet, he said. " . . . the solutions will be complex and perhaps the most effective measures could come from unexpected corners, like rental market reform."
Could that actually be true? And if so, what does he actually mean - he gives no clue really except to advocate some unspecified "rental market reform". Any ideas?
"He said it was wrong to blame Chinese investors, lack of an effective capital gains tax, planning rules or cheap credit for our housing market problems. The issue could not be fixed by a single silver bullet, he said. " . . . the solutions will be complex and perhaps the most effective measures could come from unexpected corners, like rental market reform."
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