Nick Smith: Nelson mayor on the coalition of mayors proposing alternative solution to rates cap

A coalition of mayors and independent financial experts are urging the Government to greenlight an alternative scheme to rates caps. They're proposing allowing ratepayers to defer the increased payments and instead lodging the debt against the properties they own once the houses are sold. Nelson mayor Nick Smith unpacked the scheme further. LISTEN ABOVESee omnystudio.com/listener for privacy information.