False choice! What if New Zealanders don't want apartment buildings? They just want to be able to live in affordable homes? I'll give you a more direct econo

False choice! What if New Zealanders don't want apartment buildings? They just want to be able to live in affordable homes? I'll give you a more direct economic argument: when a foreigner 'buys a home' in say, Toronto - what they are benefitting from is the 'stability of the economy' - which is paid for by the local citizens. The legal system, justice system, heck - even the education system - all play a factor in 'keeping those home prices up'. So it's only fair that foreigners pay more taxes - otherwise they are externalizing those costs, just like a company dumping Co2 in the air. Having lived in SF, Toronto, Paris and London - I'm acutely aware of how this globalism issue is working out. I also lived in Germany were real estate prices are very stable. We do not want 'free trade' for our domiciles - this is not a solution. If you are not living in a home - it should be taxed - if you are not a citizen, taxes should be higher. If's funny people are accusing Jacinda of 'Venezuela' i.e. socialism - if Donald Trump did this - they'd call him a 'Nationalist' or 'Fascist' or whatever. There will always be 'internal problems' but the globalization of homes has to be addressed.