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Spike in interest in Kiwi homes from United Arab Emirates (www.stuff.co.nz)

submitted 1 year ago by luthis to c/newzealand

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"Interest in Kiwi homes from the United Arab Emirates has increased sharply in the weeks following National’s proposal to lift the foreign buyers ban on high-end homes"

National was going to allow foreign investment into the housing market??? Yeah, that's really going to help with our crises. I get it's only 'high-end homes' but more buyers inevitably means less supply.

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[–] luthis 2 points 1 year ago

I know things are heading downward quite fast in China. I wonder if selling off investments here will change the market much