SUBSCRIBER-ONLY POLL-RESULT: Should foreign ownership of homes be restricted to new builds?

Foreigners should be able to buy any house in New Zealand they want, according to a majority of NBR member subscribers.

Respondents were questioned whether foreign ownership of New Zealand homes should be restricted only to new builds. Some 62% of member subscribers think the idea should be scrapped, with only 38% believing it is a good idea.

Foreigners buying houses hit the headlines this month as New Zealand First leader Winston Peters, with support from Labour leader David Cunliffe, promoted a potential ban on foreigners buying New Zealand property.

 

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