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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 conanbatt on Friday October 27, 2017 @07:15AM (#15567308)
I interpret the contrary of property rights. A land owner should decide what happens on his land, but what he can ask of his neighbors should be very limited. A person with a land in nz can't sell it to a foreigner, he is being deprived of his property rights.

I wouldnt be surprised if a measure like this ends up unconstitutional (no idea about nz constitution)

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Re:New Zealand to ban foreigners from buying existing houses by elyobo on Friday October 27, 2017 @07:10PM (#15572990)
NZ doesn't have a real, single constitution, more a collection of case law[1].

I'd argue that if a person can no longer reasonably expect to buy a house in their own country then they're being deprived of their rights and that this is a more significant loss than others losing their "rights" to tax free profit from their property speculations.

[1] https://en.wikipedia.org/wiki/Constitution_of_New_Zealand

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