One idea that has been put forward for addressing the Auckland housing market problems is that landlords should not be able to offset their losses on any particular property against their income from other sources, including other properties, when calculating their tax liability. (a) How will this improve financial stability? (b) What are the drawbacks of this measure?

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a Removing the ability for landlords to offset losses on a particular property against income from other sources can improve financial stability in se... View the full answer