ஜான் வேமவுத் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from ஜான் வேமவுத். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In ஜான் வேமவுத் Today - Breaking & Trending Today
Letters: Property investors, private health patients, Pharmac and democracy 25 Feb, 2021 04:00 PM 8 minutes to read To address the housing issue Parliament has the mandate to make firm decisions, writes Scotty Yates. Photo / File NZ Herald All benefits to property investors Murray Higgs (NZ Herald, February 24) highlighted how unjust it is that property investors claim interest as a tax deductible item. Those struggling to own and live in their own home can t claim the tax deduction. They service the mortgage with already taxed income. Yet another benefit to a property investor is their ability to borrow. They offer banks multiple security with the number of tenanted homes. Easy to buy yet another property. But a private home owner may only be able to offer the security of servicing the interest by two incomes. Then the issue if one contributor s income is threatened. Perhaps pregnancy or illness. The ability to service the mortgag ....