Brad Olsen: Infometrics principal economist on the Government changing the Overseas Investment Act
Heather du Plessis-Allan Drive · Newstalk ZB
June 11, 20243m 38s
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Show Notes
The Government has has used the launch of a new build-to-rent facility in Auckland to announce new rules for the Overseas Investment Act.
More money will be directed towards build-to-rent developments - and foreign investors will have a streamlined pathway to acquire land for said developments.
Infometrics principal economist Brad Olsen says this move will likely add to the nation's housing supply over time.
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Topics
politicsconstructionpropertyOverseas Investment Actbuild to rent