As we navigate 2026, the recent RNZ report on The Great Property Breakup suggests the tide is finally turning. This shift is vital, because for too long we haven’t been treating houses as shelter: we’ve been treating them as investments. Recent polling shows a majority of Kiwis now recognise the need for change, whether through a CGT or a wealth tax. It acts as both a wealth tax and a stabiliser for capital gains. How much should a house cost?

Source: Otago Daily Times April 12, 2026 18:06 UTC