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Parliament urged to exempt luxury homes from ban

Warning investment will dry up with home buying ban.

Brent Edwards
Tue, 06 Mar 2018

Parliament is being urged to exempt luxury developments like golf resorts from legislation designed to stop foreigners buying residential property in New Zealand.

Foreign investors warn the government’s proposed ban is likely to hurt investment in large-scale developments.

The overseas-owned

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Brent Edwards
Tue, 06 Mar 2018
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Parliament urged to exempt luxury homes from ban
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