MrTheWoodger

So back to his comment, where's the issue?

I understood it

We've no way of knowing how much they'd make on the sale.

But my reading of his comment is not that the rental is subject to CGT but the $20m house owned by someone else is not.

Seems like a reasonable comment for an economist to make, especially when we aim for a broad based tax system.

What he's saying though is entirely possible when you factor in property value less what is owed. That is what the person is worth. No?

He's not suggesting you can buy something for $100k

You could enquire with this outfit www.gaspy.nz/stats.html.

Way more 2nd tier brands and unmanned stations in last decade

Special

Marketers: "There's more to a brand than a logo, it's the sum of every product made, every story told, every experience delivered, and every emotion evoked in the hearts of its audience".

Also Marketers: "Have you seen that new Jaguar logo, absolute trash. They're destroying a brand".