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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.

Kate McVicar Sun, 24 Dec 2023

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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Kate McVicar Sun, 24 Dec 2023
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Failed foreign buyers’ tax ‘lost opportunity’ for NZ and Govt
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