Govt caves in to pressure on foreign property buyers
But can it justify spending taxpayers' money on trying to work out whether is foreign investment 1.2% or 1.3% of housing?
The government looks like bowing to pressure to collect more data on overseas buyers of New Zealand property.
Hints came yesterday of a softening of ministers’ previous stance that collecting such information would not provide much more information than is already available.
The issue is an
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Rob Hosking
Thu, 04 Dec 2014
Thu, 04 Dec 2014
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