{"id":18589,"date":"2026-09-24T05:25:13","date_gmt":"2026-09-23T17:25:13","guid":{"rendered":"https:\/\/thebuzz.apnanetwork.co.nz\/?p=18589"},"modified":"2026-09-24T05:25:13","modified_gmt":"2026-09-23T17:25:13","slug":"six-to-nine-months-more-of-flat-housing-market-cotality-says","status":"publish","type":"post","link":"https:\/\/thebuzz.apnanetwork.co.nz\/?p=18589","title":{"rendered":"Six to nine months more of flat housing market, Cotality says"},"content":{"rendered":"
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News that Labour has ruled out reintroducing its interest deductibility ban may bring more property investors back<\/a> into the market, data firm Cotality says.<\/p>\n<\/div>\n

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It was revealed this week that Labour will not reintroduce its policy<\/a> if it is returned to government. It had previously phased out the amount of interest that investors could claim as a deductible expense against their rental income. The current Government overturned that when it took power.<\/p>\n<\/div>\n

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The policy was extremely unpopular with investors, who argued that all other businesses are able to claim their costs of borrowing as an expense.<\/p>\n<\/div>\n

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Cotality chief property economist Kelvin Davidson said it might make a difference to their willingness to purchase properties.<\/p>\n<\/div>\n

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