[國際新聞] New Zealand homes 'not for sale' to foreigners under new PM

Quest

http://www.sbs.com.au/news/artic ... igners-under-new-pm
Overseas buyers will no longer be allowed to purchase existing homes in New Zealand, Prime Minister-elect Jacinda Ardern said Tuesday, as she unveiled a raft of policy deals made with her coalition partners.

Source: AFP - SBS Wires

16 HOURS AGO

The move to tackle soaring property prices was agreed during lengthy negotiations between the Labour Party leader and populist powerbroker Winston Peters to form a new government that also includes the Green Party.

Ardern announced plans to slash immigration and focus on regional development and job creation.

"We have agreed on banning the purchase of existing homes by foreign buyers," she said, specifying that the new rules only applied to non-residents.

"(We) also have plans around farmland and other critical infrastructure," she added.

Jacinda Ardern

Anti-immigration campaigner Peters, whose support was crucial for Ardern to form a ruling coalition in the 120-seat parliament, said a message has been sent that New Zealand was "no longer for sale".