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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 lostlogin on Friday October 27, 2017 @03:32AM (#15566383)
What? The idea is to limit prices. That reduces wealth.
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Re:New Zealand to ban foreigners from buying existing houses by aaron695 on Friday October 27, 2017 @03:47AM (#15566452)
? Absolutely.

It's bad for the economy and NZ society.

But this is politics not rational thought.

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Re:New Zealand to ban foreigners from buying existing houses by lostlogin on Friday October 27, 2017 @04:22AM (#15566593)
I guess we will see. New Zealand has gone from a comparatively equal society to one with a large divide in a relatively short time. Housing ownership is no longer possibly for many. This didnt seem right to a majority of voters.
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