Main content

Banning foreign home buyers - the New Zealand experiment

Have homes become cheaper since NZ radically changed the law on foreign ownership?

It鈥檚 been a year since New Zealand put all but a stop to foreigners buying houses. The near-total ban followed years of astonishing price increases - fuelled in part by Chinese money and American tech billionaires buying up some of the country's most desirable plots. With the help of seasoned property reporter Greg Ninness, and New Zealand鈥檚 biggest real estate firm Barfoot & Thompson, we鈥檙e in Auckland to investigate whether the law has improved housing affordability. Photo: The Auckland skyline, credit: 主播大秀

Available now

18 minutes

Last on

Mon 15 Jul 2019 12:32GMT

Broadcasts

  • Mon 15 Jul 2019 07:32GMT
  • Mon 15 Jul 2019 12:32GMT

Business Daily Podcast

Download every programme.

Podcast