" Even if less, I doubt it would overturn their decision to move to OCA. "
thats the main point for demand of OCA and other stocks.
Its doubtful we will see a big drop (oca) from policy tax saying rentals are not a business class assets but more likely from underlying costs of the industry.
With security of residence where else are you going to go. At some point a retirement village makes a lot of sense unless you have some one younger keep an eye on your well being.
Its just the P&L costs as right now no one really knows if the bottom line is going to grow as fast as other listed business models.
BE covers it like a broad brush because as we suspect he cant actually do double entry with auto contras.
https://www.interest.co.nz/opinion/109819/economist-brian-easton-says-government%E2%80%99s-recent-housing-package-may-work-will-it-do