Barry Soper: Newstalk ZB senior political correspondent on the Government allowing foreign investors to buy a home under certain conditions
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
The coalition's confident allowing certain wealthy foreign buyers to buy a home won't drive up house prices.
It's agreed to pass changes, allowing people on an Active Investor Plus visa to buy or build one home in New Zealand - worth a minimum of $5 million.
The visa requires an additional investment of at least $5 million, on top of the price of the home.
Newstalk ZB senior political correspondent Barry Soper says these changes make sense for investors.
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