this post was submitted on 16 Nov 2025
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NZ Politics
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So how do you propose to fix it?
Labour wasn't "smart" to leave out the family home. They just knew that it isn't politically tenable for a NZ party to go against the property market. Even though they know that is exactly what we need.
I don't see the difference myself. And one solution is to make your primary residence exempt, and perhaps a lower rate for farm land.