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In a nation obsessed with house prices and capital gains, why is a sector of our ageing population denied any capital gain on the sale of their home?

In a nation obsessed with house prices and capital gains, why is a sector of Aotearoa’s ageing population denied any capital gain on the sale of their home and left waiting up to a year for what they do get? The laws around retirement villages are set for review but, as Heidi Bendikson reports, any changes may be too late for some.

Read More: https://www.stuff.co.nz/business/property/300770425/honestly-i-just-dont-know-why-i-did-it-our-oldest-population-is-losing-money-by-buying-into-retirement-villages?cid

Source: Stuff

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