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Banning foreign home buyers - the New Zealand experiment
Have homes become cheaper since NZ radically changed the law on foreign ownership?
It鈥檚 been a year since New Zealand put all but a stop to foreigners buying houses. The near-total ban followed years of astonishing price increases - fuelled in part by Chinese money and American tech billionaires buying up some of the country's most desirable plots. With the help of seasoned property reporter Greg Ninness, and New Zealand鈥檚 biggest real estate firm Barfoot & Thompson, we鈥檙e in Auckland to investigate whether the law has improved housing affordability. Photo: The Auckland skyline, credit: 大象传媒
Last on
Mon 15 Jul 2019
12:32GMT
大象传媒 World Service News Internet
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- Mon 15 Jul 2019 07:32GMT大象传媒 World Service
- Mon 15 Jul 2019 12:32GMT大象传媒 World Service News Internet
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Business Daily
The daily drama of money and work from the 大象传媒.