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Congratulations, New Zealand

Discussion in 'Personal' started by Vince_Ulam, Aug 15, 2018.

  1. Vince_Ulam

    Vince_Ulam Star commenter

    A sensible move which the UK should consider adopting:

    'Tenants on our own land': New Zealand bans sale of homes to foreign buyers

    '“That is to benefit New Zealanders who have their shoulder to the wheel of the New Zealand economy, pay tax here, have families here. We don’t think they should be outbid by wealthier people from overseas.”

    In a speech to parliament on Wednesday
    [associate minister of finance, David Parker] said: “We should not be tenants in our own land.”

    Only a quarter of adults in New Zealand own their own home, compared with half in 1991, and in the last five years homeless figures have increased, with some New Zealanders forced to live in cars, garages and under bridges.
    TheGuardian.com, 15th August 2018.
  2. Ivartheboneless

    Ivartheboneless Star commenter

    Its a bit late for this country, and as most of this country is probably already foreign owned, the vested interests would block it completely.

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