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

Smith Hanten

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 :