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“As The federal government ultimately chose to not introduce a funds gains tax, we be expecting housing demand may well pick up somewhat heading into winter.”
This mix of elements suggests they believe that the Auckland market will reach a “tender landing” as opposed to the more disruptive adjustment witnessed during the Sydney and Melbourne housing markets, she says.
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The impression of presidency housing and tax policy changes, along with diminished affordability, are some of the headwinds anticipated to constrain the market rather.
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