New Zealand will ban foreigners from buying existing homes, joining a growing list of nations trying to make property more affordable for their citizens. • r/worldnews

New Zealand will ban foreigners from buying existing homes, joining a growing list of nations trying to make property more affordable for their citizens. (bloomberg.com) In Sydney all that has meant is that people buy existing dwellings, demolish them and sell them to foreigners. via Pocket http://ift.tt/2A1Fwhw