20 Sep 2023

National may be trying to hedge bets over tax plan - Economist

From Midday Report, 12:17 pm on 20 September 2023

A property economist says the National Party Leader could be trying to hedge his bets by claiming foreign buyers won't cause house prices to rise.

Christopher Luxon told Morning Report that housing supply was what drives up costs, not the introduction of foreign buyers to the market.

CoreLogic's Senior Property Economist Kelvin Davidson told Charlotte Cook some of his arguments stack up.