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Originally Posted by Spoon1
CGT will have a greater effect and I'm all for that (on 2nd+ houses).
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i don't get how cgt would help, wouldn't it either decrease supply; investment mofos less keen to sell or increase cost; buyer pays (like gst).
i can see how it'd make money for the govt, but not how it'll make houses cheaper? (i still laugh at Aucklanders wanting 'the kiwi dream'. seriously?)