A political solution for a commercial problem on the other side of the world

Here is ONE solution to ensure your kids and grandkids can grow up in the same neighborhood as you  did …  but if it is true that only 2% of purchases are being bought by overseas investors then it would appear the 56% run up in NZ property values are Kiwi’s selling to other Kiwi’s … and at some point that price growth will result in a sizable correction (and some gnashing of teeth and pulling of hair) when the bubble bursts and prices are realigned with values – here’s the link :

https://www.independent.ie/business/commercial-property/new-zealand-bans-foreign-home-buyers-as-prices-surge-36281423.html

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