Re:New Zealand to ban foreigners from buying existing houses
by el_benhameen on Thursday October 26, 2017 @11:26PM
(#15565484)
Isn’t another way of looking at this to say that the presence of Chinese money artificially inflates the prices of some classes of real estate past what the rest of the market will bear?
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Re:New Zealand to ban foreigners from buying existing houses
by busterarm on Friday October 27, 2017 @01:01PM
(#15570192)
It's possible. It's also just possible that the average American family in New York doesn't have much need for a house with 5 bedrooms. I don't have enough data points to draw conclusions here.