New Zealand Passes Law to Crack Down on Foreign Home Buyers

https://www.bloomberg.com/news/artic...gn-home-buyers

be interesting what happens now with the property market, if it tanks guess the overseas people did make a difference , wont be good for labour though as it probably feed thru to other parts of the economy like retail spending. if it stays the same guess overseas people made bugger all difference and nothing much changes overall. we will know in hindsight