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Glen Jones: Sotheby's International Wellington Region Managing Director on the Government potentially changing the foreign buyers ban

Glen Jones: Sotheby's International Wellington Region Managing Director on the Government potentially changing the foreign buyers ban

Matt Heath & Tyler Adams Afternoons · Newstalk ZB

July 24, 20258m 40s

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Show Notes

NZ First's Winston Peters has hinted changes to the current foreign buyers ban will be confirmed later down the line, and it's got experts speculating.

The changes could see foreign buyers allowed to purchase high-value homes over a certain value.

Sotheby's International Wellington Region Managing Director Glen Jones joined the Afternoons team to explain why the current ban is no longer fit for purpose - and why changes need to be made.

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Topics

foreign buyers banpoliticsinvestmenthousing