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Originally Posted by chubby
^^ and do you believe the nats will do anything that will negatively affect the value of our more affluent citizens property portfolios?
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National will do what it takes to get into Government. Just like Labour will do to stay there. That's politics.
The 'wealthy' property investors are in the minority. The majority of people in NZ either dont own a home, or cant afford the mortgage payments to get into one.
They outweigh those who made the fat profits on the housing market going up, along side the interest rates.