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Here's NZ's proposed (extreme) response to the foreign buyer problem: http://www.bbc.com/news/business-41745129 http://www.bbc.com/news/business-41745129
by bspn 9y ago
Here's NZ's proposed (extreme) response to the foreign buyer problem: http://www.bbc.com/news/business-41745129 http://www.bbc.com/news/business-41745129
- bpicolo 9y agoSeems more sane than extreme. I think it's a pretty reasonable policy given real estate speculation trends in the last few years. It seems reasonable for countries should have strong policies for protecting domestic housing stock, whether those are outright bans or massive taxes.