The effects of the Government's capital gains tax rejection have been measured by an Auckland rental property management business to gauge how landlords reacted. Crockers engaged independent market research firm Ipsos to find out what landlords thought about no CGT as well as the Government's move to banning tenants being forced to pay letting fees. The results might surprise some.

A Crocker's survey of more than 100 landlords found that with no capital gains tax, 13 per cent of them now planned to expand their portfolios by buying more places and the overwhelming majority would not now sell any places.