New houses exempt from investor interest write off rules - a podcast by RNZ

New houses will be exempt for 20 years from new tax rules that prevent residential property investors claiming interest payments as an expense.
The aim is encourage investors to build new homes - leveling the playing field for first home buyers to purchase an existing home.
Analysts say it will help boost supply in the housing market.
Investor and property developer David Whitburn backs the plans - but says they will lead to rent increases. 

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