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re: New Zealand Hates Immigrants...

Posted on 10/24/17 at 9:37 am to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 10/24/17 at 9:37 am to
quote:

now this policy is potentially insane (b/c they're leaving millions of foreign investment outside of their borders) but it's a sellable domestic policy for Kiwis

Well, it looks like they left themselves an out.

quote:

Overseas buyers will no longer be allowed to purchase existing homes in New Zealand, Prime Minister-elect Jacinda Ardern said Tuesday, as she unveiled a raft of policy deals made with her coalition partners.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423392 posts
Posted on 10/24/17 at 9:38 am to
well NZ is an island with super high regulations due to earthquakes. i don't think building new property is that easy
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