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A comment on New Zealand to ban foreigners from buying existing houses. Parent comment

Re:New Zealand to ban foreigners from buying existing houses by seanmcdirmid on Thursday October 26, 2017 @08:44PM (#15564622)
Ya, try buying a house as a foreigner in china (first tier city). It isn't impossible, but they put up a lot of obstacles to do it (lots of residency requirements, which seem fair enough).
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Re:New Zealand to ban foreigners from buying existing houses by logicchains on Friday October 27, 2017 @12:05AM (#15565645)
To be fair, Chinese non-residents of first tier cities also face restrictions, and even residents may face limits on e.g. the number of houses they're allowed to own.
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Re:New Zealand to ban foreigners from buying existing houses by seanmcdirmid on Friday October 27, 2017 @07:42AM (#15567437)
Yes, though foreigners have additional hoops to go through to show residency. Also, foreigners can never obtain hukou even if they are resident for a long time and own property, nor do they get school benefits. so there is little incentive for us to buy rather than rent.
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