The unintended consequence of the foreign buyer ban
One year on, what impact has the foreign buyer ban had on the housing market?
Andrew Bevin
Tue, 22 Oct 2019
Changes to the Overseas Investment Act, including the so-called foreign buyer ban, were implemented a year ago today and there appear to have been unintended consequences on new builds.
The October 2018 reclassification introduced by Associate Finance Minister David Parker effectively banned
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Andrew Bevin
Tue, 22 Oct 2019
Contact the Writer: andrew@nbr.co.nz
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The unintended consequence of the foreign buyer ban
Property,
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