“Interest in Kiwi homes from the United Arab Emirates has increased sharply ​ in the weeks following National’s proposal to lift the foreign buyers ban on high-end homes”

National was going to allow foreign investment into the housing market??? Yeah, that’s really going to help with our crises. I get it’s only ‘high-end homes’ but more buyers inevitably means less supply.

  • ∟⊔⊤∦∣≶@lemmy.nzOP
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    1 year ago

    I know things are heading downward quite fast in China. I wonder if selling off investments here will change the market much