The Biggest Risk in the Property Market at the Moment

Property Apprentice Podcast

10/01/21 • 10 min

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The adage "An ounce of prevention is better than a pound of cure" by Benjamin Franklin doesn't just seem to apply to public health at the moment. With the recent Government announcement of making new builds exempt from tax deductibility rules for 20 years, it has become clear that investors and home buyers must err on the side of caution when considering options in the market to avoid a number of negative consequences.
This episode is in continuation of Debbie's televised analysis of the latest policy change on housing. Grab your trusty notepad and a pen as we provide information to aid in your discernment when purchasing property.
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*Nothing from this episode should be taken as individual financial advice.
*Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.

Explicit content warning

10/01/21 • 10 min

Property Apprentice Podcast - The Biggest Risk in the Property Market at the Moment

Transcript

[00:00:00] Hi, I'm Debbie from Property Apprentice and in today's podcast, I'm going to be talking about what we see as being potentially the biggest risk in the housing market at the moment.

[00:00:09] The government made an announcement that they are going to make new build properties tax deductible for 20 years from the date of code compliance certificate being issued. And they're going to backdate that to, to the 27th of March, 2020. Okay. So that's great news for people who've alrea

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