Re:New Zealand Passes Law to Crack Down on Foreign Home Buyers
by kylestlb on Wednesday August 15, 2018 @01:05PM
(#17767684)
Are there any numbers from areas with expensive housing that detail foreign investment as a % of total housing purchases? Would be an illuminating stat.
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Re:New Zealand Passes Law to Crack Down on Foreign Home Buyers
by jgibson on Wednesday August 15, 2018 @01:16PM
(#17767795)
They have a graph in the article that showed foreign ownership (not necessary as investment) that showed it at around 3% for NZ over all, with between 5-10% in popular places (Queenstown and Auckland)
Re:New Zealand Passes Law to Crack Down on Foreign Home Buyers
by user5994461 on Wednesday August 15, 2018 @01:27PM
(#17767896)
Foreign investments only go to the biggest city. It's meaningless to look at anything besides that.