{"id":5147,"date":"2015-05-18T08:32:49","date_gmt":"2015-05-17T19:32:49","guid":{"rendered":"http:\/\/mananews.co.nz\/wp\/?p=5147"},"modified":"2015-05-18T08:33:25","modified_gmt":"2015-05-17T19:33:25","slug":"new-capital-gains-too-late-and-to-weak","status":"publish","type":"post","link":"http:\/\/mananews.co.nz\/wp\/?p=5147","title":{"rendered":"New capital gains too late and to weak"},"content":{"rendered":"<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\" alt=\"avatr\" width=\"70\" height=\"90\" \/><\/a>\u00a0Mana News editor Joe Trinder<\/p>\n<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1585\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder.jpg\" alt=\"property_ladder\" width=\"750\" height=\"498\" srcset=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder.jpg 900w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder-300x199.jpg 300w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder-495x329.jpg 495w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder-75x50.jpg 75w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/01\/property_ladder-120x80.jpg 120w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/a><\/p>\n<p style=\"line-height: 18.0pt;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">The National governments capital gains tax that they claim is not a capital gains tax is too late and to weak. This poor attempt to suppress the housing crisis with a Neo-Liberal approach has foreign property investors who can\u2019t vote for the National party hold onto their investment property for no less than two years.<\/span><\/p>\n<p style=\"line-height: 18.0pt; orphans: auto; text-align: start; widows: 1; -webkit-text-stroke-width: 0px; word-spacing: 0px;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">On average Property speculators need to keep their investment property for no less than two years to dramatically increase the value of their property by millions. Selling the property\u00a0early is a loss so this initiative will have little effect on the housing crisis .\u00a0This also does nothing for Kiwi first home buyers and continues to protect the interests of foreign property speculators.<\/span><\/p>\n<p style=\"line-height: 18.0pt;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">The housing crisis is going to be John Key&#8217;s legacy he will go down in history as the Prime minister that overvalued the New Zealand real estate market. House prices since the start of 2000 &#8211; the biggest increase in the OECD.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Mana News editor Joe Trinder The National governments capital gains tax that they claim is not a capital gains tax is too late and to weak. This poor attempt to suppress the housing crisis with a Neo-Liberal approach has foreign property investors who can\u2019t vote for the National party hold onto their investment property for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4,1],"tags":[],"class_list":["post-5147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing","category-news","last_archivepost"],"_links":{"self":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5147"}],"collection":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5147"}],"version-history":[{"count":23,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5147\/revisions"}],"predecessor-version":[{"id":5170,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5147\/revisions\/5170"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/media\/1585"}],"wp:attachment":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5147"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}