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by erentz
2495 days ago
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> ...the developed worlds should do as New Zealand... The NZ foreign buyer ban is incredibly weak. For one it’s only on existing homes. Foreigners can still buy land and buy newly built homes with the land under them. There are also plenty of ways around it buying through third parties, etc. On top of this NZ has failed to introduce a capital gains tax on houses. House prices there are some of the most expensive in the world. |
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