...in order to battle their housing crisis.
Should the UK do similar?
New Zealand bans house sales to foreigners
Should the UK do similar?
New Zealand bans house sales to foreigners
New Zealand bans house sales to non-resident foreigners
- Thread starter Frijj
- Start date
Brian Griffin
Striker
Can you imagine the hypocrisy?
Not allowed to say you want to boot out poor people - but - if somebody has money, yep, out. Now.
It isn’t about money, it’s about non-residents owning property.
Peter Thiel, the incredible ****, bypassed it all.
Brian Griffin
Striker
Cos poor people have money to buy houses, don't they.
Again it isn’t about money, it’s about residential status and nationality.
b1gals
Striker
If you won the lottery you could buy New Zealand
I don't want to now but thanks for offering.
thamesvalleyman
Striker
You could live there in rented property but that's all.
Brian Griffin
Striker
So a poor person arrives in the UK - no residency and from a different country and probably wanting to the UK to give them somewhere to live - it's wrong of me to suggest that they shouldn't be allowed in.
A rich person arrives in the UK with the intent of buying a house - no residency and from a different country but wants to buy their own house - it's right of me to suggest that they shouldn't be allowed in?
I fail to see how one scenario protects the UK housing stock over the other?
spitfire
Striker
Ban second home ownership first, or it has to be let out at local council set rates equivalent to a council/association run property
Not worth it. I'm after a property to own with private pool. I'll see what's on offer in Australia instead.
ravydavygravy
Striker
Good idea.
What's the downside? Some houses lose value? boo hoo
What's the downside? Some houses lose value? boo hoo
Allowed in?
We’re not talking entry to the country mate we’re talking ability to buy a house here.
I may be way off beam here but the area of New Zealand is just slightly larger than that of the UK. The population of UK is about 65.6 million. The population of New Zealand is 4.6 million, and they say they have a problem. Am I missing something? have they not room for another 60 million or so people?
Then buy when residency goes through
This has got to be about Chinese buying up foreign property
Brian Griffin
Striker
I think you need to look a little closer at the detail.
There is one rule for one and one for others in NZ.
If we did that here it would be a massive hypocrisy.
