Dylan Reeve's avatar

Dylan Reeve

@dylanreeve.bsky.social

Luxon keeps saying that rents have gone up because of the added costs imposed by Labour's removal of interest deductibility. And that may be true - but that change happened, and the rents went up already. They're not going up again. Returning deductibility won't lower them.

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Dylan Reeve's avatar Dylan Reeve @dylanreeve.bsky.social
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I wish media would call him on that point specifically. They are doing quite a good job of keeping a critical view on his claims around this generally, but I haven't yet seen him called on that specific claim. He's talking about a past event and a current change that won't impact the past.

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