Failed foreign buyers’ tax ‘lost opportunity’ for NZ and Govt
While high-end real estate confidence is returning, the door is still locked for most foreign buyers.
Queenstown and broader Southern Lakes has shown most consistent interest, inquiry at high end above roughly $8m.
Despite an unpredictable year with political and economic uncertainty, the high-end real estate market has remained "pretty positive" and "resilient" according to agents working some of New Zealand’s most desirable streets.
However, while a change of government has restored confidence in the
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